Chris Murphy B.Ec (Hons) (Sydney), M.Ec (ANU)
Visiting Fellow, ANU

Chris Murphy Over his career, Chris has specialised in economy-wide modelling, covering both macro-econometric models and Computable General Equilibrium (CGE) models. In the field of macro-econometric modelling, he is well known for developing the Murphy family of models of the Australian economy, and for developing related models for foreign governments, including the Governments of New Zealand, Singapore, Malaysia, Hong Kong and Abu Dhabi. These models are used for macro-economic forecasting and policy analysis.

In the field of CGE modelling, he is particularly known for his work on modelling tax reform, notably in a series of projects commissioned by the Australian Treasury and other agencies. This including modelling the economic impacts of the introduction of the GST, Australia's key taxes for the Australian Government's Henry Tax Review, and the recently-proposed cut in the company tax rate from 30 to 25 per cent.

Since 2012, Chris has published research on the principles and Australian practice of fiscal equalisation. This research focusses on the role that fiscal equalisation can play in promoting an efficient national labour market. This involves equalising for fiscal disabilities that are fixed in nature but not for those that operate at the margin.

Chris has led modelling teams in both the government and private sectors. He began his career in economic modelling at the Australian Treasury. This was followed by further economic modelling roles at the Office of EPAC, at the Australian National University and as a Director of Access Economics. Since leaving Access Economics in 1994, his career has followed the path detailed below.

Econtech Pty Ltd: 1994 to July 2008

Chris founds Econtech Pty Ltd, a boutique economic modelling practice. It develops a reputation in Australia for its industry modelling, tax modelling, and macroeconomic modelling and forecasting. It comes to particular prominence with its robust modelling of the effects of the introduction of the GST in 2000. Econtech Pty Ltd builds an international reputation, providing modelling services to the Governments of Singapore and Malaysia.

KPMG Econtech: August 2008 to June 2011

Chris, through Econtech Pty Ltd, provides modelling services exclusively for KPMG in a 3-year contract that was successfully completed in June 2011. Under the contract, Chris was Principal of a team of modellers at KPMG (trading as KPMG Econtech).

Independent Economics: October 2011 to June 2017.

Econtech Pty Ltd is once again independent and adopts the trading name of Independent Economics. A small team of modellers provides services to the Governments of Singapore, Malaysia and Abu Dhabi, constructing and supporting national economic models. Locally, Independent Economics is active modelling macro and tax policies and developing economic scenarios. During this period, Chris served as a member of the Queensland Ministerial Commission (2013-1015).

Australian National University: July 2017 to present

Chris steps down from directing modelling teams to divide his time between model-based research as a Visiting Fellow at the ANU and closely allied consulting for government agencies. His appointment at ANU commenced in October 2014, while Independent Economics ceased trading on 30 June 2017. His research at ANU focusses on tax policy and fiscal equalisation. His recent consulting clients include the Monetary Authority of Singapore, The Treasury and the Malaysian Ministry of Finance.

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