1.

Record Nr.

UNINA9910165035103321

Titolo

Australia : : 2016 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Australia

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7604-8

1-4755-7609-9

Descrizione fisica

1 online resource (68 pages) : color illustrations, tables, graphs

Collana

IMF Staff Country Reports

Disciplina

339.530994

Soggetti

Monetary policy - Australia

Banks and Banking

Inflation

Labor

Macroeconomics

Real Estate

Housing Supply and Markets

Price Level

Deflation

Investment

Capital

Intangible Capital

Capacity

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Demand and Supply of Labor: General

Fiscal Policy

Property & real estate

Banking

Labour

income economics

Data capture & analysis

Housing prices

Labor markets

Fiscal policy

Prices

Private investment



National accounts

Housing

Saving and investment

Labor market

Banks and banking

National income

Income economics

Australia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that Australia has enjoyed robust growth despite the commodity price and mining investment bust. The moderate impact of the large shocks since 2011 highlights the resilience of the economy and strong policy frameworks. Recent structural reforms have focused on fostering innovation. The National Innovation and Science Agenda includes measures to boost innovation and entrepreneurship in the high-tech sector, including through tax breaks. Legislation is being prepared for key components of the Harper Review, which has identified a number of reforms to boost competition and productivity in the services sectors, and to strengthen competition policy broadly.