Australia : 2004 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
ISBN: 9781452790275
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Business/ Management; Economics;

Australia's 2004 Article IV Consultation reports that economic growth has rebounded, underpinned by continued buoyancy of domestic demand, an improvement in the external environment, and a gradual recovery from the drought. The main risk to the outlook relates to overheating in the housing market, but recent indicators suggest a soft landing is likely. Other risks include a re-emergence of drought, sustained high oil prices, or a weakening of external demand.


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