  The first direct detection of gravitational waves may be made through
observations of pulsars. The principal aim of pulsar timing array projects
being carried out worldwide is to detect ultra-low frequency gravitational
waves (f ~ 10^-9 to 10^-8 Hz). Such waves are expected to be caused by
coalescing supermassive binary black holes in the cores of merged galaxies. It
is also possible that a detectable signal could have been produced in the
inflationary era or by cosmic strings. In this paper we review the current
status of the Parkes Pulsar Timing Array project (the only such project in the
Southern hemisphere) and compare the pulsar timing technique with other forms
of gravitational-wave detection such as ground- and space-based interferometer
systems.
