In recent years, employment has grown strongly while output has grown modestly. This implies a weak growth in labour productivity that is difficult to interpret. This article explores some possible explanations for recent economic growth and labour productivity outcomes, with a focus on developments in the composition of growth. It also examines whether recent productivity...

The federal government's 2007-2008 budget website includes the following papers: Budget Speech, Budget Strategy and Outlook, Budget Measures, Federal Financial Relations and Agency Resourcing.

The Managing Director of the International Monetary Fund and the President of the World Bank are appointed under a 60 year old unwritten convention that the Managing Director is nominated by the countries of Western Europe while the President is nominated by the United States. All ten Bank Presidents since 1946 have been US citizens...

This is the Australian Government’s second intergenerational report. The report provides a basis for considering the Australian Government’s fiscal outlook over the long term and the sustainability of economic growth in light of Australia’s ageing population and other factors. Foreword This report provides an update of the long-term demographic, economic and spending projections and the...

This paper sets out the government's position on many of the recommendations made by the Corporations and Markets Advisory Committee with regard to insider trading. It also seeks views and information on certain issues it considers deserving of additional consideration. Comments are particularly sought on the appropriate ambit of the prohibition on insider trading.