Australia : Staff Report for the 2006 Article IV Consultation.

Economic growth is strengthening, stimulated by the high terms of trade. Monetary policy has been tightened appropriately. A flexible monetary policy response to potential external shocks, including commodity price swings, will help to cushion growth while preserving low inflation. To promote robust...

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Tác giả của công ty: International Monetary Fund
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2006.
Loạt:IMF Staff Country Reports; Country Report ; No. 2006/374
Truy cập trực tuyến:Full text available on IMF
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520 3 |a Economic growth is strengthening, stimulated by the high terms of trade. Monetary policy has been tightened appropriately. A flexible monetary policy response to potential external shocks, including commodity price swings, will help to cushion growth while preserving low inflation. To promote robust risk management practices by financial institutions, the government intends to conduct further stress tests and review the regulation of banks' liquidity. The recent surge in revenues provides resources that should be used for the implementation of reforms in sustaining strong economic growth. 
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