Macroeconomic Conditions and Population Division (MCPD) is seeking applications from highly motivated Analysts with specialist skills and experience in macroeconomic frameworks, and economic and/or demographic forecasting and modelling, to join the Division.

MCPD is the central forecasting area in Treasury for both the macroeconomy and population. MCPD advises Government, the rest of Treasury and the broader system on macroeconomic and demographic developments. This includes analysing economic and population conditions and developments, both domestically and globally, undertaking forecasting and scenario analysis and collaborating within and external to government to inform analysis. The Division contains three branches:

• The Macroeconomy Branch maintains an overall view of economic developments across the economy, including the macroeconomic forecasts and monitors developments in inflation and the labour market.
• The Domestic Demand, International and Trade Branch is responsible for analysing domestic demand and international economic activity, financial markets and Australia’s international trade conditions, contributing to the domestic and international forecasts.
• The Centre for Population Branch is responsible for forecasting demographic trends, and providing the data and analysis to inform policy development (including annual publication of the Population Statement).

About the role

There are positions available across the division, including in the following units.

• Domestic Demand Unit: Provides reporting and analysis on the current and near-term domestic economic outlook, including to inform the forecasts and National Accounts now-casting.
• International, Financial and Commodities Unit: Forecasts and provides advice on global economic and financial market conditions, with a focus on Australia’s major trading partners and issues of direct relevance to the Australian economy.
• Prices, Wages and Labour Unit: Responsible for monitoring, analysing and forecasting labour market conditions and domestic consumer prices.
• Central Forecasting Unit: Responsible for applying a whole-of-economy view to Treasury’s macroeconomic forecasting and advice, including maintaining the department’s central macroeconomic forecasting model.
• Migration Modelling and Analysis Unit: Forecasts net overseas migration and provides analysis on migration policy.
• Modelling and Forecasting Unit: Responsible for population forecasts and analysis at the national and state & territory levels.

Desirable Skills / Experience

Successful candidates will possess tertiary qualifications in a relevant field, including, but not limited to, economics, data science, actuarial studies and demography. They will also have experience with economic forecasting, macroeconomic and microeconomic modelling frameworks, econometric techniques and/or demographic forecasting and modelling.

At the APS4 classification, successful candidates will possess one or more of the following skills, candidates should keep in mind that we are seeking a range of complimentary skill sets:

• Ability to communicate clearly and engage with technical material.
• The ability to deliver results under tight time frames and operate proactively and collaboratively in a fast-paced and changing environment.
• Strong teamwork skills, including the ability to build and maintain effective working relationships within and across different teams.
• At least one to two years’ relevant work experience.