The Australian Government budget sets out the economic and fiscal outlook for Australia and includes expenditure and revenue estimates for the current financial year, the budget year and three forward financial years.
This paper constructs a labour market conditions index for Australia using principal components analysis with 16 labour market variables.
The Australian Treasury
The Treasury is the pre-eminent economic adviser, providing the Australian Government with policy advice and sound analysis to support sustained growth in the economy. Our purpose is to promote fiscal sustainability; increase productivity; and secure the benefits of global economic integration.