01636cas a2200241 a 4500 AALejournalIMF004553 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451802108 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Australia : Selected Issues. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (30 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Australia's large external deficits appear sustainable. There are, however, risks associated with the resulting external debt that need continued careful management. These deficits, which largely reflect high investment rather than low saving, should be sustainable as long as the Australian economy, especially its exports, grow strongly. The associated accumulation of foreign liabilities nonetheless leaves the country exposed to shocks, but these risks appear to be well managed. Australia's fiscal policy appears to be broadly consistent with guidelines for fiscal management in the face of commodity price swings. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/373 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/373/002.2006.issue-373-en.xml IMF e-Library