Australia : 2012 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Australia

Publication Date: November 15, 2012

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Summary: GDP growth is likely to remain strong, although narrowly driven by a mining investment boom, increasing the economy’s vulnerability to terms of trade shocks. Outside the mining sector, growth is expected to be slow with still weak consumer confidence and a strong exchange rate weighing on business investment. The main risks are external, and include an intensification of the euro crisis and a sharper-than-expected slowdown in China.
Series: IMF Staff Country Reports
Subject(s): Article IV consultation reports | Fiscal policy | External debt | Financial sector | Banks | Monetary policy | Exchange rates | Economic indicators | Staff Reports | Public information notices | Australia

Publication Date: November 15, 2012
ISBN/ISSN: 9781475561357/1934-7685 Format: Paper
Stock No: 1AUSEA2012001 Pages: 55
US$18.00 (Academic Rate:
US$18.00 )
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