Macroeconomic Conditions and Population Division

The Macroeconomic Conditions and Population Division (MCPD) monitors and analyses developments in the Australian economy, key global economies and for the Australian population. The Division provides population and economic forecasts that inform Budget estimates, and delivers advice and briefings on current and emerging economic conditions and population trends. MCPD’s forecasts and analysis play a central role in the development of Treasury's major economic publications, including the Budget Papers, Mid-Year Economic and Fiscal Outlook (MYEFO) and Intergenerational Report (IGR). The Division also contributes to broader policy development and analysis across the Macroeconomic Group and the Department.