To meet the needs of a broad set of internal and external stakeholders now and into the future the Australian Treasury maintains a significant macroeconomic modelling capability. Treasury's current inhouse capability is similar to that of the US Congressional Budget Office (CBO) and the Joint...

The Australian economy is constantly affected by technological, demand and policy shocks from home and abroad. The opportunities and challenges presented by these shocks create demand for government advice on the likely effects on households, firms and the Australian economy, and in turn...

This paper explores the sources of fluctuations in sectoral employment growth rates across the Australian economy over three different periods: the pre‐terms of trade boom period; the pre‐global financial crisis (GFC) phase of the terms of trade boom; and the GFC and post‐GFC phase. We find...