Australia: Staff Report for the 2000 Article IV Consultation

March 21, 2001

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Format: Chicago

Australia: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2001) accessed November 23, 2024

Summary

In 2000, Australia entered the tenth year of an impressive economic expansion characterized by strong productivity growth and low inflation. The Australian equity market performed better than most countries in the region in local currency terms, and spreads on long-term government bonds and on private sector debt remained steady. Executive Directors observed that the means-tested publicly provided age pension, the mandatory private superannuation scheme, and the tax incentives for additional voluntary saving provide a suitable framework for retirement income support over the long term.

Subject: Fiscal policy, Income, Inflation, Labor, National accounts, Personal income, Prices, Production, Productivity

Keywords: Consumer inflation expectation, Consumer sentiment, CR, Exchange rate, Global, Headline inflation, Income, Inflation, Inflation pressure, ISCR, Personal income, Productivity, Staff appraisal, Trend current account

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/049
Stock No:

1AUSEA0012001
ISBN:

9781451801972
ISSN:

1934-7685

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