Documents Library

Economic data briefing: Omicron outbreaks in China - Economic Impacts

China’s COVID case numbers have climbed sharply since March 2022 with the emergence of Omicron and its subvariants. Its continued adherence to a zero-COVID strategy and consequent reimposition of restrictions on mobility and activity have had a significant negative impact on Chinese domestic activity.

TRP22-19 Women’s economic opportunities in the NSW labour market and the impact of early childhood education and care

This paper sets out technical research and modelling improvements undertaken by NSW Treasury subsequent to the publication of the 2021-22 NSW Intergenerational Report(IGR) as part of the Women’s Economic Opportunities Review.

Economic data briefing: Global Inflation Developments

NSW Treasury research examines the broad trends and common drivers of the acceleration in inflation across key countries and economic regions.

This paper follows a previous NSW Treasury paper on global supply chains.

TRP22-13 Holding periods of residential property buyers in NSW

The purpose of this paper is to provide information about how long purchasers hold residential property. The paper estimates probability distributions that indicate the likelihood that a property will be sold in each year of ownership.

Economic data briefing: Global supply chains

NSW Treasury undertook research on global and domestic inflation trends that have occurred during COVID-19 and the implications for NSW. This briefing analyses the causes and impacts of the well-publicised issues with global supply chains.

The economic costs of transfer duty a literature review

Treasury Technical Research Paper Series

2021-22 NSW Intergenerational Report

TTRP21-07 The sensitivity of the NSW economic and fiscal outlook to global coal demand and the broader energy transition for the 2021 NSW Intergenerational Report

Coal mining is a major industry in New South Wales and a significant revenue source for the NSW Government. Most coal produced in New South Wales is exported and therefore the future of the industry is largely dependent on global demand.

In 2020, New South Wales’ three top thermal coal export markets – Japan, South Korea and China – all announced their intention to achieve net zero emissions by the middle of the century. Consequently, global demand and thus coal production is now projected to be significantly weaker than the long-term estimates presented in the 2016 NSW Intergenerational Report (IGR).

TTRP21-06 Secular Stagnation, the Long-Term Real Bond Rate Outlook and Policy Issues for NSW and Australia

This paper is offered as part of a series of technical research papers that unpack the key drivers of long-term economic growth and the fiscal outlook in the lead up to the 2021 NSW Intergenerational Report (IGR).

TTRP21-05 An Indicative Assessment of Four Key Areas of Climate Risk for the 2021 NSW Intergenerational Report

Climate risks are expected to materially impact NSW’s long term economic and fiscal outlook. International financial institutions, including credit ratings agencies Moody’s and S&P Global, and central banks through the Network for Greening the Financial System, are increasingly considering climate risks as part of their long-term risk assessments.

Understanding the potential scale and direction of these impacts will improve the quality of estimates for the 2021 NSW Intergenerational Report (IGR) and contribute to prudent and transparent fiscal management.