This assignment is partly based on an attached article, “Australia,” IMF Country Report No. 15/275, pp. 1-21, September 2015, and a news article, “New duty and land tax surcharges for foreign buyers of land in Australia,” by Clayton Utz, 23 June 2016. Please read them carefully before attempting the questions. You will be required to demonstrate your understanding of economic concepts taught in the unit and relate them to the cases in the articles.