01700cas a2200241 a 4500 AALejournalIMF011324 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463921941 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Australia : Staff Report for the 2011 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (59 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 In this study, Australia's economic performance from the onset of the global financial crisis is discussed. A healthy banking system, flexible exchange rate, and robust demand for commodities from Asia are important for good performance. Although recent global market volatility has increased uncertainty about the economic outlook and tilted risks downward, strong commodity demand from emerging Asia underpins Australia's favorable economic prospects. The importance of tax and structural reforms is emphasized. The Australian Prudential Regulation Authority's plans are used to undertake stress tests incorporating disruptions to funding markets. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/300 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/300/002.2011.issue-300-en.xml IMF e-Library