Macroeconomic Policy



Before the announcement of the (then) $130 billion JobKeeper Program on 30 March 2020, Australia could have been on track to record an increase in… Read More ›

Strengthening JobKeeper

The current recession is very large. Subject to the key caveat that forecasts are subject to really wide bands of uncertainty, Deloitte Access Economics estimates… Read More ›

The Outlook for the Australian Budget

JobKeeper was always quick and dirty. The design was far from perfect, with shortcomings I and others cautioned against. But these were forgiven in the… Read More ›

How to Tweak JobKeeper, If We Must

No Australian Government has ever spent $130 billion so quickly. When the Prime Minister announced the Government would subsidise 6 million jobs for 6 months… Read More ›

JobKeeper Could Be a Depression Beater

As the engines of economic growth slow in Australia, there is a need for innovative policy changes to both raise economic growth but also to… Read More ›

Good Policy Needs Good Data. So Why Is It Locked Up?

Treasury is one of Australia’s great enduring institutions, having survived, largely intact, since Federation. For most of its history, Treasury has provided governments with rigorous,… Read More ›

Can Australian Treasury Regain Its Economic Policy Influence?

Negative gearing is often cited as a tax concession that inequitably distorts rental housing markets. Yet despite concerns for housing affordability driving a wide array… Read More ›

‘Crowding Out’ Evidence-Based Policy: The Case of Negative Gearing

Conventional wisdom has it that countries reliant on natural resource exports are particularly vulnerable to external shocks. Their economies usually depend on a small range… Read More ›

Political Resource Curse: What Does Natural Resource Dependence Do to Public Revenue?

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