This Working Paper presents an overview of structural budget balance models and the adjustments most relevant for Australia. Three models (the OECD model, the IMF model and Treasury’s previously published model in the Australian Government’s 2009-10 Budget and McDonald et al (2010)) are...

We investigate whether being female, from a non-English speaking background (NESB) or having a disability affects career advancement in the Australian Public Service. Over the past twenty years, women have become more likely to get promoted at senior ranks than similar men and just as likely at...

We apply a number of forecasting models to Australian Government Bond yields. All methods rely solely on the history of yields. Consistent with findings from US Treasury data, we show that the simplest forecasting models across all maturities and forecasting horizons are also generally the best:...

The resources boom, globalisation and other global economic forces have raised questions about whether employment and unemployment outcomes in regional Australia have become more unequal. This paper examines how the dispersion of unemployment across regions has changed over time. Our results...

We investigate whether being female, from a non-English speaking background (NESB) or having a disability affects career advancement in the Australian Public Service. Over the past twenty years, women have become more likely to get promoted at senior ranks than similar men and just as likely at...

This article looks at Australia’s current account deficits in light of concerns about the role of external imbalances in the global financial crisis and the difficulties now facing a number of countries that have run large current account deficits in recent years. Australia is clearly...

The idea of Australia establishing a sovereign wealth as a response to the challenges posed by the resource boom has attracted considerable interest. Some argue that a fund investing in foreign assets, as is done in Chile and Norway, could ease pressures on trade-exposed industries resulting...