Public finance


Working paper

Population ageing and government revenue: expected trends and policy considerations to boost revenue

Population ageing is expected to result in significantly higher government spending in many OECD countries in the coming decades. This paper sheds light on the macroeconomic consequences of population ageing for government revenue in a framework consistent with the OECD long-term model.
Working paper

State and Territory tax reform

The nature of Australia’s federation means the Commonwealth controls the principal revenue-raising instruments, but large expenditure responsibilities are left to the states. This paper focuses on reviews that the states and territories have undertaken to improve the quality of their tax systems.

Greening public finance

In this document, the authors argue that 'greening' the finance system is a key part of the transition to 'net zero' emissions by 2050.
Working paper

Public finance and service delivery: what's new, what's missing, what's next?

Since 2010, there has been growing interest in understanding how reforms to public financial management (PFM) systems can support improvements in spending on basic services. This paper takes stock of the emerging agenda on PFM and service delivery. It looks mainly at the way the...
Policy report

State finances after the pandemic

This report surveys the likely effects of the pandemic crisis on state budgets and then looks at the outlook for state fiscal aggregates as they were before the pandemic hit. It also traces the pre-crisis trends and trends and possible impacts of the crisis in...
Discussion paper

Inside the black box: the public finances after coronavirus

The global COVID-19 pandemic has required unprecedented government action at an unprecedented pace. It is vital that policymakers act to slow the spread of the virus, protect people's livelihoods and ensure the economic recovery delivers both prosperity and justice for the long term. This discussion...

Alternative financing of government policies: understanding the fiscal costs and risks of loans, equity injections and guarantees

This report examines trends in the use of alternative financing arrangements, explains how these arrangements relate to the Commonwealth budget and identifies possible enhancements to budget reporting to support public understanding.

McKinsey on government

This compendium focuses on the significant fiscal challenges facing jurisdictions around the world.

Sustainable Finance Forum: interim report 2019

This document is the Interim Report (Report) of the SFF. It represents the collective, and voluntary, efforts of the Sustainable Finance Forum (SFF) undertaken from January 2019 to October 2019. The report sets out why we need to shift, urgently, to a sustainable economy.

Pre-election economic and fiscal outlook 2019

This report provides updated information on the economic and fiscal outlook for Australia in advance of the May 2019 federal election.
Briefing paper

Key issues for the 57th Parliament

This paper provides Members of the 57th Parliament of New South Wales with an authoritative overview of 45 key issues affecting the state in 2019. It presents the latest evidence on key areas for the NSW community such as health, education, crime and justice, housing...
Discussion paper

Explaining monetary spillovers: the matrix reloaded

Using monetary policy shocks for 7 advanced economy central banks, measured at high frequency, this paper documents the strength and characteristics of interest rate spillovers to 47 advanced and emerging market economies.

Review of the Reserve Bank of Australia annual report 2018 (first report)

The Standing Committee on Economics, which can inquire into and report on any annual reports referred to it by the House of Representatives, agreed to undertake an inquiry into the 2018 Annual Report of the Reserve Bank of Australia.
Briefing paper

Public procurement and regional development briefing note

Governments spend vast amounts of money delivering services to citizens. Through procurement, governments invest in infrastructure and ensure the supply of essential services. In 2017, it was estimated that the New Zealand and Australian public procurement markets had a combined value of $160 billion. While...

Auditor-General’s report on the annual financial report of the State of Victoria: 2016–17

This report provides the Victorian Parliament with information about matters arising from the 2016−17 financial audit of the AFR.

NSW economic update: Spring 2017

​​​​The Spring 2017 edition of the NSW economic update presents a snapshot of the NSW economy and provides relevant points of comparison with other Australian States and Territories.

Trends in NSW state finances 2002-03 to 2017-18

This paper reports on trends in NSW state finances between 2002-03 and 2017-18 (inclusive). For most of the key indicators, the paper also shows trends by Parliament for the current (56th) Parliament and previous three Parliaments.
Discussion paper

Trusts and tax avoidance

This paper examines aspects of the present use of trusts with a view to outlining the extent of the problem and examining who benefits.

Auditor-General's report on the Annual Financial Report of the State of Victoria, 2015-16

This report sets out the results of the audit of the State of Victoria’s Annual Financial Report for 2015–16 and provides commentary on the financial outcomes and position achieved by the state and the general government sector.
Discussion paper

Using value capture to help deliver major land transport infrastructure: roles for the Australian Government

The purpose of this paper is to outline a range of value capture approaches, and seek feedback on how the Australian Government could use its various policy and funding levers to stimulate the use of value capture in the development and delivery of transport infrastructure...
Discussion paper

Value capture - options, challenges and opportunities for Victoria

This paper outlines the options, challenges and opportunities for implementing value capture in Victoria, including opportunities that arise from both infrastructure investment and planning changes. If you are interested in understanding more about using value capture to help fund infrastructure in Victoria, this paper will...
Journal article

The myth of the shrinking state? What does the data show about the size of the state in New Zealand, 1900-2015

Presents data using a variety of lenses – the state as taxer, spender, producer, employer, investor and steward – to assess how the size and shape of the state has changed since 1900.

Post-election report of election commitments: 2016 general election

The Parliamentary Budget Officer is required, within thirty days after the end of the caretaker period for a general election, to prepare a post-election report of election commitments. For each designated parliamentary party, the post-election report presents budget impacts of election commitments that would have...

Mapping social cohesion: the Scanlon Foundation surveys 2015

Provides a series of detailed surveys on social cohesion, immigration and population issues. This report presents the findings of the eighth Scanlon Foundation Mapping Social Cohesion national survey, conducted in June-July 2015. The report builds on the knowledge gained through the seven earlier Scanlon Foundation...

Mapping social cohesion: the Scanlon Foundation surveys 2014

Provides a series of detailed surveys on social cohesion, immigration and population issues. Executive summary Key findings Australia remains a highly cohesive society. The seven Scanlon Foundation surveys conducted since 2007 have found a consistent pattern of: Positive identification with Australia; Agreement that in Australia...