Policy costings
Working paper
The Treasury Macroeconometric Model of Australia: modelling approach
The Treasury Macroeconometric Model of Australia (EMMA) is a framework to support macroeconomic forecasting, and counterfactual policy and scenario analysis at the Treasury. It has been developed, tested and used since 2018. The focus of this paper is to outline the model’s structure and describe its place within the macroeconomic modelling literature.
Report
Report of PBO operations for the 2018 Victorian general election
The Victorian Parliamentary Budget Office prepared 1044 independent election policy costing responses for the 2018 general election costing period.
Guide
2019 Post-election report of election commitments
This guidance note provides information on the 2019 Post-election report of election commitments, including arrangements for engagement with parliamentary parties.
Report
Parliamentary Budget Office operational plan 2018-19
Previously, only government members could access public sector expertise and information for fiscal analysis. Now, all Members of Parliament can request the services of the PBO to understand the fiscal impact of their policies. This will ‘level the playing field’ for political parties, improving fairness between those that seek office and those that are in...
Briefing paper
Including broader economic effects in policy costings
A key role for the Parliamentary Budget Office (PBO) is to prepare budget quality costings of policies proposed by members of Parliament. This paper explains the PBO’s approach and sets out how and when broader economy wide effects, also referred to as second round effects, are captured in policy costings.