This report argues that quantitative easing (QE) is an operating instrument for policy, rather than a monetary policy as such. As with policy conducted via official interest rates, QE’s effectiveness depends on the policy framework in which it is located, as well as how the policy is communicated and executed.

More power is concentrated inside Canberra’s Parliamentary Triangle than anywhere else. The Constitution doesn’t mention the Prime Minister but that office is where the power is. We look at how Prime Ministerial power has changed in the 21st Century. And, over the same time period, another part of the Canberra landscape has gained a huge...

This review contains the Productivity Commission's latest quantitative estimates of Australian government assistance to industry. This year's review also provides information on tax concessions and budgetary outlays that may be construed as assistance. A theme chapter discusses the future of the world trading system.

The objective of the audit was to assess whether the Department of Infrastructure, Regional Development and Cities had designed and implemented appropriate governance and administration arrangements for the transition and delivery of sustainable reforms to services on Norfolk Island.

The Treasury has used its best professional judgement in preparing and supplying the Minister of Finance with this economic and fiscal update. The update incorporates the fiscal and economic implications of both government decisions and other circumstances as at 8 May 2019.