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GDP growth is likely to remain strong, although narrowly driven by a mining investment boom, increasing the economy’s vulnerability to terms of trade shocks. Outside the mining sector, growth is expected to be slow with still weak consumer confidence and a strong exchange rate weighing on...
Persistent link: https://www.econbiz.de/10011244092
The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian...
Persistent link: https://www.econbiz.de/10009679485
Australia has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision (BCPs …
Persistent link: https://www.econbiz.de/10009679486
The insurance industry in Australia has weathered the global financial crisis well and was resilient to the …
Persistent link: https://www.econbiz.de/10009679487
Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the …
Persistent link: https://www.econbiz.de/10009679489
This Selected Issues paper examines macroeconomic impact of migration in Australia. Migration in Australia has … become even more important as the population natural growth rate declines. Australia attracts some of the best … migration is challenging, but within Australia, migration surges have historically been associated with higher growth and …
Persistent link: https://www.econbiz.de/10015058757
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014410849
This Selected Issues paper analyzes inflation dynamics in Australia, with a special focus on wages. The paper finds … inflation dynamics in Australia are similar to what is seen in most advanced economies in recent quarters, with inflation … role going forward. The Reserve Bank of Australia needs to remain vigilant, continuing to tighten policy to rebalance …
Persistent link: https://www.econbiz.de/10015059757
trade, Australia has reached a stronger cyclical position than many other advanced economies, with limited scarring … since tightened, and housing prices started declining from their peak. Australia is on a narrow path to a soft landing …
Persistent link: https://www.econbiz.de/10015059758
This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the current account has deteriorated from a surplus of 1.2 percent of GDP in 2002 to a deficit of about 2.3 percent in 2012, as France lost ground in goods trade and services recorded...
Persistent link: https://www.econbiz.de/10011244236