Australia calls for G20 to set clear growth goals

Leaders of the G20 nations pose for the family picture in Los Cabos June 18, 2012. REUTERS/Edgard Garrido

SYDNEY (Reuters) - Australia will champion the causes of emerging markets during its presidency of the G20, calling for concrete global growth goals, a re-starting of reforms to international bodies, and for the U.S. Fed to consider the wider impact of its stimulus taper.

Ahead of the weekend meeting of finance ministers and central bankers from the Group of 20 developed and emerging economies, Treasurer Joe Hockey on Thursday outlined a wish list that included tackling international tax-minimisation practices.