01738cas a2200241 a 4500 AALejournalIMF005981 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451802207 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Australia : 2009 Article IV Consultation; Staff Report; and Public Information Notice on the Executive Board Discussion;. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (50 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 This 2009 Article IV Consultation highlights that following a prolonged expansion, reflecting sound macroeconomic policies and favorable terms of trade, global events have slowed Australia's economic growth well below trend. The turmoil sparked by the collapse of Lehman Brothers in September 2008 had an immediate impact on Australian markets. Executive Directors have commended the authorities for their timely policy response, which has effectively cushioned the impact of the global financial crisis on the Australian economy. Directors have also welcomed the Reserve Bank of Australia's early reductions in the policy rate. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/248 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/248/002.2009.issue-248-en.xml IMF e-Library