Australia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

· International Monetary Fund
Ebook
68
Pages

About this ebook

Context. Australia has enjoyed a comparatively robust economic performance while adjusting to the end of the large mining boom of the 2000s. But the economy has not yet returned to full employment, and inflation is below its target range. Housing market imbalances and high household debt have become important vulnerabilities. As in other advanced economies, average growth has been lower since the Global Financial Crisis. Outlook and risks. With stronger global economic prospects, recent strong employment growth, and higher infrastructure spending as a catalyst, conditions for an acceleration in activity and above-trend growth seem in place. Near-term risks to growth are broadly balanced, but large negative shocks, most likely external, and their interaction with domestic housing markets remain concerns on the downside.

Reading information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.