Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the ec ....Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.
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Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between ....Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between bank competition and economic well-being to enable policymakers to better determine the optimal concentration of banking sector in Australia. This will enhance the productivity and international competitiveness of Australia’s financial system and the broader economy.Read moreRead less
Aboriginal Economic Development: Impact of Indigenous Chambers Commerce. This project aims to assess the economic impact of recent initiatives in Aboriginal economic development. In the last decade, Aboriginal-owned small business has increased; Indigenous Chambers of Commerce have been established and have developed memorandums of understanding for procurement of goods and services with industry; and the Opportunity, Choice, Healing, Responsibility, Empowerment (OCHRE) project was implemented b ....Aboriginal Economic Development: Impact of Indigenous Chambers Commerce. This project aims to assess the economic impact of recent initiatives in Aboriginal economic development. In the last decade, Aboriginal-owned small business has increased; Indigenous Chambers of Commerce have been established and have developed memorandums of understanding for procurement of goods and services with industry; and the Opportunity, Choice, Healing, Responsibility, Empowerment (OCHRE) project was implemented by the NSW Department of Aboriginal Affairs to stimulate economic development within Australia’s largest Aboriginal population. Using NSW as a case study, the project intends to assess economic development, job creation, new company creation, increase in the wellbeing of Aboriginal and non-Aboriginal partners, and increase in social positivity. This may support the development of effective evidence-based government policy in the sector.Read moreRead less