A rising market?

Australian inflation

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Australia has long been the forgotten inflation market. While country after country kick-starts its own government inflation-linked bond market, ups issuance volumes or introduces longer maturities, Australia has allowed its government index-linked bond market to slowly wind down. Just A$6.02 billion ($5.37 billion) of Australian Treasury indexed bonds were in issue as of June 2007, compared with A$47.2 billion of nominal bonds. Since a review of the country's bond markets in 2003, in which the