Coronavirus (COVID-19) updates from the Australian Government

2012 Review of Treasury’s Forecasting Methodology and Performance

Status
Closed
Date
Review chair
Dr David Chessell
Topic

The 2012 Review of Treasury's Forecasting Methodology and Performance (the Review) will assess the quality of Treasury's forecasts of the macroeconomy and revenue by examining the appropriateness of forecasting methodologies and comparing forecast accuracy with other forecasters both in Australia and overseas.

Treasury's forecasting of the macroeconomy and revenues operates in an environment of continuous evaluation and development. From time to time, the Treasury takes stock of the Department's forecasting capability and performance. The outcome of the most recent review of macroeconomic forecasts was published in theEconomicRoundupAutumn2005. This follows on from the publication of key results of the 1996 evaluation of macroeconomic forecasting performance in the EconomicRoundupAutumn1996.

The 2012 Review will commence shortly and run over a period of around three months. It will be undertaken by a team within Treasury, overseen by an independent external Reference Group made up of members with strong economic credentials. The Reference Group members are:

  • Dr David Chessell, Partner & Chairman, Access Capital Advisers Pty Ltd - Chair of the Reference Group
  • Dr Lynne Williams, Former Deputy Secretary, Victorian Department of Treasury and Finance
  • Mr Peter Crone, Chief Economist and Director Policy, Business Council of Australia
  • Dr Malcolm Edey, Assistant Governor (Financial System), Reserve Bank of Australia

A copy of the Review is now available.

Terms of reference

Background

Treasury's forecasting of the macroeconomy and revenues operates in an environment of continuous evaluation and development. The forecasts are regularly subjected to internal review, and to external review as part of the quarterly Joint Economic Forecasting Group (JEFG) meetings with relevant agencies. However, from time to time, it is valuable to formally take stock of the Department's forecasting capability and performance. This was most recently done in 2005 for both macroeconomic and revenue forecasting, and it is timely to again take stock.

Scope

The review will assess the quality of Treasury forecasting of the macroeconomy and revenue by examining the appropriateness of forecasting methodologies and comparing forecast accuracy with other forecasters both in Australia and overseas.

Governance

The review will be undertaken by a team within Treasury, overseen by an independent external Reference Group with relevant expertise.

Timing

Three months.

Reporting

A summary of the Review will be published later in the year.

友情链接:色爱综合网欧美av-欧美Av-欧美巨乳-欧美人曽交流-欧美群交  激情俺去也|俺去也|俺去也老色哥|俺也去网  琪琪色影院-飘花影院-飘花影院手机版-飘花影院在线手机版  免费看成年人视频在线观看|成人免费视频|免费看成年人视频大全  夜夜骑视频|夜夜骑在线影院|夜夜骑|夜夜骑网站  免费观看久久精品视频|久久在线观看|啪啪啪视频大全  免费在线观看的黄片|a片毛片免费观看|香港经典三级|国产一级片  四虎网站|四虎影院网站|四虎影视网址  激情文学网|大香蕉伊在线74|大香蕉伊人青青草  日本三级|香港三级|韩国三级|三级片网站  香港经典三级|免费在线观看的黄片|a片毛片免费观看|夫妻性生活影片  开心五月婷婷深深爱|色姑娘久久综合网|婷婷丁香社区  国产一级片|夫妻性生活影片|免费在线观看的黄片|a片毛片免费观看  免费在线观看的黄片|a片毛片免费观看|香港经典三级|国产一级片  欧洲美女多人群交视频|欧美巨乳|亚洲图片网|欧美人曽交流  蔓草社区|日嗷嗷|777米奇影院|789私人影院|日嗷嗷在线影院  日本阿v片在线播放免费|日本毛片高清免费视频|av小次郎收藏家|阿v小次郎收在线看  大香蕉|大香蕉网站|伊人情人综合网  韩国三级电影网站|韩国三级片大全在线观看|免费韩国成人影片  开心五月婷婷深深爱|婷婷丁香社区|色姑娘久久综合网  日本一本道不卡av中文-一本道av无码-日本一本道在线专区观看  激情俺去也|俺去也|第四色五月|开心情色站|开心情色网|开心播播网  啪啪社区|啪啪视频|啪啪影视免费在线|啪啪男女视频免费观看  欧美视频毛片在线播放|欧美成人网站|亚洲人成视频在线播放  韩国三级片大全在线观看|大香蕉在线影院|香港经典三级|韩国三级片  色姑娘久久综合网|婷婷丁香社区|开心五月婷婷深深爱  免费看成年人视频在线观看|成人免费视频|免费看成年人视频大全  丁香五月啪啪-丁香五月婷婷-丁香五月综合缴情综合  伊人情人综合网|大香蕉|大香蕉网站  射死你天天日|a片毛片免费观|看经典AV三级在线