Australia

2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

Australia experienced only a minor downturn after the end of the mining investment and commodity price boom but, as elsewhere, the adjustment and rebalancing has been slow, with below-target inflation and low wage growth amid economic slack. Macro-financial vulnerabilities relating to high household debt and low housing affordability have become major concerns after a recent housing boom.
Publication date: February 2019
ISBN: 9781484399019
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household debt , RBA , wage growth , interest-only , Haver

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