The Australian Economy
Macroeconomic influences, indicators and the role of institutions in promoting growth and development in Australia.
The Melbourne Institute studies the drivers of economic growth and business cycles, and examines how stabilisation policies improve economic welfare.
For over fifty years, the Institute has been building data and studying issues to enable policy makers to better understand the determinants of economic activity, the causes of unemployment and the drivers of inflation.
How do we think of the aggregate economy? Are governments implementing effective macro and microeconomic reforms? How can microeconomic measures help us to understand consumer trends? And what can economic and social indicators tell us about Australia’s past, present and future?
The Melbourne Institute monitors the Australian economy, forecasts key macroeconomic variables and conducts surveys of consumers' perceptions and expectations.
The Macroeconomics Research Program develops data survey methods and delivers regular indices and reports on the state of the economy. These indicators are released well ahead of official statistics, making them of particular importance to economists, business analysts and policy makers.
In its early years the Institute was a driving force behind the implementation of the national stock exchange, a forerunner to the Australian Securities and Investment Commission and...[any other outcome to highlight here? more recent].
Economics of Health and Healthcare
Our tradition in health economics goes back to the sixties when our early proposals for a national compulsory heath scheme were adopted by the Whitlam government as Medibank, now Medicare.
We study the design and provision of healthcare services funded by federal, state and local governments, and community organisations. Using econometric analysis, our research staff evaluate the performance of primary healthcare programs in Australia and provide data analysis to inform public debate.
Our work helps to inform consistently high quality health services across the profession. We do this by analysing the health profession – such as performance incentives, pay and conditions, and health service delivery - such as urban vs rural and specialist referrals.
We also deliver the Medicine in Australia: Balancing Employment and Life (MABEL) longitudinal survey of doctors.
Housing and Homelessness
Homelessness and housing insecurity is a growing global problem with social and economic implications for the world and national economies. A multitude of factors influence an individual's housing status, which can result in long-term chronic homelessness. The Economic and Social Disadvantage research program analyses these factors using data insights, customised experiments and a unique a longitudinal survey designed by the Melbourne Institute – Journeys Home. Comissioned by the Department of Social Services, the survey follows the movements of people who are homeless and at high risk of homelessness over time providing a better understanding of the reasons people become homeless and the supports and services that can enable them to find stable accomodation.
The research looks at issues such as, domestic violence and violence, substance abuse, physical and mental health, poverty and social inclusion, to help inform policy and practice that can reduce the increasing incidence of homelessness in Australia and overseas.
We have a long tradition of poverty and social exclusion research. Early esearch into poverty in Melbourne prompted a national inquiry and we have been delivering the Henderson Poverty Line annual report quarterly updates since [INSERT YEAR].
Schools and Schooling
Our education system and the structure and policies of our schools significantly influence student performance and development. From national partnerships to the influence of principals and school adminstrations on student test scores and the relationship between school funding and outcomes, our researchers deliver insights to state and federal departments to advance the Australian education system.