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Department of Treasury and Finance
Economic Policy Branch Homepage

The Economic Policy Branch monitors trends in the global, national and Tasmanian economy and provides economic policy advice to the Government.

The primary responsibilities of the Economic Policy Branch are to:

  • monitor and analyse trends in economic conditions;
  • provide information to enable Treasury to make forecasts of key economic indicators relevant to the Tasmanian economy;
  • provide advice on a wide range of issues relating to industry reform and economic development;
  • provide advice on water and sewerage pricing issues;
  • provide policy advice on energy market issues;
  • provide policy advice on industry assistance issues;
  • administer the State's legislation review arrangements, including the requirements under the Subordinate Legislation Act 1992;
  • undertake economic analysis and research on issues relating to the Tasmanian economy; and
  • contribute to national reform initiatives under Heads of Treasury, Ministerial Councils or the Council of Australian Government, and on other proposed national reforms.

In undertaking its tasks the Branch produces a number of reports, some of which are outlined below.

Annual Budget Papers

The Branch is responsible for preparing a chapter on the Tasmanian economy, which for several years has been Chapter 2 of Budget Paper No. 1.

Click here for current and archived Budget Papers.

Structural Change in the Tasmanian Economy

The Tasmanian economy has undergone significant structural changes in recent decades. To promote understanding and discussion of the implications of these changes, Treasury has released a report titled Structural Change in the Tasmanian Economy.

The report, released in April 2013, provides an analysis of the major, long term structural changes and shorter term cyclical changes in the Tasmanian economy.

Tasmania’s Economic Performance, A Longer Term Perspective

In the 2013-14 Budget, Treasury published an appendix to Budget Paper No 1, Chapter 2: The Tasmanian Economy. This appendix looked at recent Tasmanian economic performance against the long-term average. As the appendix has use for reference purposes, Treasury has made it available as a stand-alone document, Tasmania’s Economic Performance, A Longer Term Perspective.

Other publications

The Branch also prepares research reports for public release. Examples include:
Economic Reform Unit

The focus of the Economic Reform Unit is to identify opportunities for economic reform and promote best practice regulation.
Its core responsibilities include:
Economic Analysis Unit

As part of its forecasting and reporting role, the Economic Analysis Unit provides advice to the Government on global, national and Tasmanian economic conditions. The EAU monitors a wide range of indicators for the Tasmanian and Australian economy. The EAU provides public data releases which incorporate this work. Data releases report on movements in key indicators in relation to the Tasmanian economy and are available for a range of indicators. Click here for data releases.