Australia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

The re-elected government has laid out a bold reform agenda since taking office in May. Following a period of high inflation, the convergence of the economy toward balance is creating the opportunity to focus on ambitious structural reforms to address medium-term challenges. Delivering on the government’s three main economic goals of boosting productivity, maintaining fiscal sustainability and ensuring economic resilience will help strengthen Australia’s economy amid an uncertain global outlook.