The broader context for this research is the significant structural changes that have taken place across the Australian economy over the past 100 years. These changes are often discussed in the context of Australia industrialising away from its agrarian base, then de-industrialising in the shift...

The key finding in this paper is that financial conditions provide useful information about downside risks to GDP and employment growth, and upside risks to the unemployment rate. That is, when financial conditions are extremely restrictive, the risks of very bad outcomes for these variables...

For almost a decade, SGS Economics have published this report to fill a void in economic policy research. The report shows estimates of Gross Domestic Product (GDP) for each major city and region in Australia.

'Nowcasting' is the prediction of the current state of the economy based on a range of partial indicators before the official economic statistics are released. It assists in the early identification of ‘turning points’ or significant shifts in momentum in the economy.

Top former bureaucrat Michael Keating, who argues Australia should lift taxes to avoid a budget blowout linked to the ageing population, claims the ratio of tax to gross domestic product is lower now than it was under the Howard Government.

Presents a current snapshot of the NSW economy and provides relevant points of comparison with other Australian states and territories.

This paper analyses Papua New Guinea's economy by considering macroeconomic stability as well as fiscal policy and debt.

Provides a detailed snapshot of the latest trends in Australia’s international investment position.

The Winter 2017 edition of the NSW Economic Update presents a current snapshot of the NSW economy and provides relevant points of comparison with other Australian States and Territories.

Australian cities are orphans. Responsibilities for management of their economy (in terms of taxation, planning, infrastructure provision, regulation and economic development) fall between all tiers of government. Official statistics tend not to recognise the importance of cities, with economic data often not published at that...

This research demonstrates growth in GDP ultimately cannot be decoupled from growth in material and energy use. It argues for discarding GDP growth as the goal in favor of more comprehensive measures of societal wellbeing.

Overview The Winter 2016 edition of the NSW Economic Update presents a current snapshot of the NSW economy and provides relevant points of comparison with other Australian States and Territories. NSW continued to be one of the best performing States in Australia over the last...

Summary According to the Commonwealth Bank, since the beginning of 2016 NSW has been Australia’s top performing economy, slightly ahead of Victoria and maintaining a healthy lead over other States and Territories. The April 2016 State of the States report found that NSW holds top...

Summary The housing market has been the driving force behind the NSW economy’s recent resurgence – driving dwelling investment, generating wealth and catalysing household consumption growth. The first half of the year saw the median house price in Sydney breach the million dollar mark. Even...

House price rises have underpinned the continuation of positive headline economic results over the past year or so, flowing onto other areas of the NSW economy, in particular residential construction. Summary The continued surge in house prices was the major story to come out of...

This paper outlines key demographic and economic facts and figures for Western Sydney. Australia’s third largest economy, Western Sydney is home to 47% of Sydney’s total population and produces 31% of Sydney’s Gross Regional Product. Overview Western Sydney is Australia’s third largest economy, housing 47%...

Summary: The surge in house prices was the major story to come out of the State economy this quarter and was in the headlines most recently when the Domain Group reported that Sydney's median house price had “smashed through the magic $1 million mark” for...

Explores technological diffusion among New Zealand firms using a model of convergence in which a firm’s multi-factor productivity (MFP) growth depends on its ability to catch up to its industry’s productivity frontier.

The Papua New Guinea economy will record the highest GDP growth rate in the world in 2015 but will also formally fail to meet any of the United Nations’ Millennium Development Goals in their deadline year. Overview This paper represents conclusions reached by thirty participants...

While the NSW economy is currently in a relatively strong headline position, largely off the back of the housing market, other areas of the State economy will need to perform over the longer run if economic growth and improved labour market outcomes are to be...

This IMF report projects global economic growth to be 3.5 percent in 2015. Overview Global growth remains moderate, with uneven prospects across the main countries and regions. It is projected to be 3.5 percent in 2015, in line with forecasts in the January 2015 World...

This Quick Guide provides a brief overview of the current debate about whether advanced economies are caught in a period of protracted slow growth or if there are grounds to be more optimistic. What is ‘secular stagnation’? Robert Solow has defined ‘secular stagnation’ as ‘a...

This paper finds that while the NSW economy is currently in a relatively strong headline position, largely off the back of the housing market, other areas of the State economy need to perform over the longer run if economic growth is to be sustained once...

Provides consistent information for each of New Zealand’s 16 regions. This allows us to compare the regions’ economic performance, distinguish their attributes and specialisations, and understand the different roles they play in the New Zealand economy. Summary The 2014 regional economic activity report report shows...

This paper presents statistical data describing Australia's trade and investment with APEC through 2013. Overview This publication is part of a geographic set of trade publications released annually by DFAT. It presents statistical data describing Australia's trade and investment with APEC through 2013. Included is...