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Tuesday, 11 February 1986
Page: 102

(Question No. 600)

Senator Bolkus asked the Minister representing the Treasurer, upon notice, on 8 October 1985:

(1) Which Ministers are allowed access to the quarterly figures compiled by the Joint Economic Forecasting Group (see answer to Question on Notice No. 263, Hansard, 17 September 1985, p. 632).

(2) On what basis is such access allowed and to what extent.

Senator Walsh —The Treasurer has provided the following answer to the honourable senator's question:

(1) and (2) The Joint Economic Forecasting Group (JEFG) comprises officers from the Australian Bureau of Statistics, the Reserve Bank of Australia, the Department of Finance, the Department of Prime Minister and Cabinet and Treasury and the Treasurer's Office.

The reports of the JEFG are presented to the Ministers whose Departments are represented on the Group, namely the Prime Minister, the Treasurer and the Minister for Finance. Periodic assessments of economic developments, which draw on the JEFG reports, are circulated to Cabinet by the Treasurer.