Australia: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia
Australia: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia
READ MORE...
Volume/Issue:
Volume 2024
Issue 011
Publication date: January 2024
ISBN: 9798400262364
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Inflation , Money and Monetary Policy , Public Finance , International - Economics , CPI expenditure weight , state government leader , CPI indicator , Mid-Year Economic and Fiscal Outlook , fiscal policy coordination , employment white paper roadmap , Inflation , Housing , Productivity , Housing prices , Global
Also of interest
Summary
Australia’s post-pandemic recovery remained strong. However, growth is weakening on the heels of tighter macroeconomic policies and financial conditions. While inflation has peaked, it remains persistently high. Labor market shows signs of easing, and the positive output gap is narrowing. Increased cost of living started to weigh on household consumption. The economy remains resilient in the near term but confronts a secular productivity slowdown. Financial stability risks remain contained although pockets of vulnerability exist and risks of spillovers from global financial conditions have increased since the last Article IV.
