Australia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

December 6, 2021

Preview Citation

Format: Chicago

Australia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia, (USA: International Monetary Fund, 2021) accessed November 19, 2024

Summary

Strong health and economic policies allowed for quick economic recovery from initial COVID-19-related lockdowns in 2020. Renewed outbreaks and lockdowns have created setbacks since mid-2021, with disproportionate impacts on some regions, sectors, and workers. Accommodative macroeconomic policies have been instrumental in cushioning the economic impact.

Subject: COVID-19, Economic growth, Economic recovery, Health, Housing, Housing prices, International organization, Monetary policy, National accounts, Prices, Production, Productivity

Keywords: ABS implementation, COVID-19, CPI expenditure weight, Economic plan, Economic recovery, Employment service, Global, Housing, Housing prices, Monetary policy support, Productivity, Territory government

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/255
Stock No:

1AUSEA2021001
ISBN:

9781616355081
ISSN:

1934-7685

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