Monthly Archives: September 2011

Qld and WA leading Australia’s economic rebound

Posted on September 7, 2011 by Gene Tunny

Today’s National Accounts data should leave no one in doubt as to the underlying strength of the Australian economy – thanks in large part to Queensland and WA, as per the figure below:

Posted in Macroeconomy | Leave a comment

Qld economy will easily hit Bligh’s 100,000 new jobs target

Posted on September 5, 2011 by Gene Tunny

Given the massive amount of resources sector investment in the pipeline, I have no doubt the Queensland economy will rebound strongly and prove wrong pessimistic stories such as this one: Anna Bligh’s target of 100,000 new jobs in jeopardy amid … Continue reading →

Posted in Labour market, Macroeconomy, Queensland Government, Queensland Rail | 1 Comment

CEOs get bonuses for showing up

Posted on September 5, 2011 by Gene Tunny

Australian CEOs would agree with Woody Allen’s maxim that “80% of success is showing up.” A new report from the Australian Council of Super Investors (CEO Pay in the Top 100 Companies) notes (p. 11): The lack of correlation between … Continue reading →

Posted in Labour market | 2 Comments

Treasury’s dismissal of stimulus criticism is unconvincing

Posted on September 3, 2011 by Gene Tunny

In a just released Economic Roundup paper (The Australian Economy and the Global Downturn), the Commonwealth Treasury attempts to rebut one of the standard criticisms of fiscal stimulus, which relates to its impact on the exchange rate: Another view is … Continue reading →

Posted in Macroeconomy | Leave a comment

Private schools probably don’t have to worry about half-baked funding reforms

Posted on September 1, 2011 by Gene Tunny

The Federal Government’s Gonski Review of Funding for Schooling has attracted some attention for a bold recommendation in one of its commissioned reports that private schools should be forced to take on struggling students. The Courier-Mail has coverage here: Schools … Continue reading →

Posted in Education | Leave a comment