© Commonwealth of Australia 2001
ISBN 0642 74061 5
This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Commonwealth available from AusInfo. Requests and inquiries concerning reproduction and rights should be addressed to the Manager, Legislative Services, AusInfo, GPO Box 1920, Canberra ACT 2601.
The views expressed in the Economic Roundup are commentary only, and should not be considered as advice. You should not act in reliance upon the views expressed in the publication, but should seek independent professional advice in relation to these issues and any proposed actions.
The Commonwealth and the authors disclaim responsibility for loss or damage suffered by any person relying, directly or indirectly, on this publication, including in relation to negligence or any other default.
Copies of this publication may be purchased either on an annual subscription or single issue basis. Subscription details are:
Annual Subscriptions (including postage and GST) $47.00
Single Issue $11.75
Annual subscriptions are payable in advance and should be sent to:
NMM - The Treasury
National Mailing and Marketing Pty. Ltd.
PO Box 7077
Canberra Mail Centre ACT 2610
For further information regarding subscriptions, contact Roundup Publications Officer, National Mailing and Marketing Pty. Ltd., on 02 6299 6044.
Rates shown include postage within Australia and surface postage overseas. Single issue copies are available for purchase, usually the day following issue, from Government Infoshops which are located in all Australian capital cities - phone toll free on 132 447.
A copy of this document appears on the Treasury Website:
Data relating to Commonwealth debt, including quarterly data on total gross outstanding debt of the Commonwealth (central) government that meet the coverage and timeliness requirements of the IMF Special Data Dissemination Standards, appear on the website of the Australian Office of Financial Management, a separate agency within the Treasurer's portfolio (http://www.aofm.gov.au). In accordance with the IMF's Special Data Dissemination Standards, notice of the approximate date of release of the data on gross outstanding debt of the Commonwealth (central) government, is given on the IMF's Dissemination Standards Bulletin Board (http://dsbb.imf.org).
Printed by CanPrint Communications Pty Limited
Global poverty and inequality in the 20th century: turning the corner?
Australia's century since Federation at a glance
Towards higher retirement incomes for Australians: a history of the Australian retirement income system since Federation
Public good conservation and the impact of environmental measures imposed on landholders
The net income deficit over the past two decades
This issue includes data up to 28 March 2001
I take this opportunity to congratulate Treasury, and its present and past members on the achievement of this first century of service to the nation. The Department's record and longevity is a formidable example of what excellence in public service can achieve.
Treasury has always been a key player in the national economic policy framework and the contribution of the Department towards the good government of our nation should not be understated.
This publication is evidence, condensed though it might be, of the part Treasury has played in the growth and development of Australia.
In the performance of its role, an organisation can only be as good as its leadership. Over the century, the leadership of Treasury has always been in the hands of men of extraordinary intellectual and professional competence.
As Treasurer over the last six years, I can single out Ted Evans as he steps down from his responsibilities after eight years of service as Secretary. Under his leadership, Treasury has provided first rate service and a valuable contribution to the Government's economic policy achievements.