Monthly Archives: June 2015

Impact Academy fostering local social enterprises – out to prove Milton Friedman wrong

Normally associated with such pursuits as kayaking, paddle boarding and rock climbing,  Riverlife at Kangaroo Point was the location for a showcase event for Peter Ball’s Impact Academy, an incubator for emerging social enterprises, on Thursday evening. The basic idea … Continue reading

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Cafe culture & tourism helping Qld endure end of mining boom

May 2015 employment-by-industry data published by the ABS yesterday confirm some points I’ve been making for the last couple of months (see chart above), particularly that Queensland is enduring the shock from the end of the mining boom relatively well, … Continue reading

Posted in Labour market, Mining | Tagged , , , , , , , , | Leave a comment

Great initiative from Qld Treasury to explain forecasts in Economic Society seminar

As Secretary of the Queensland branch of the Economic Society of Australia, I’m very pleased that, on Wednesday 15 July, the day after the Treasurer delivers the State Budget, a senior Queensland Treasury official, Greg Uptin, will give a briefing … Continue reading

Posted in Macroeconomy | Tagged , , , , , , , | 1 Comment

Stamp duty has to go – time to consider greater reliance on land tax & GST

It is lamentable that our State Governments are so reliant on a source of revenue, stamp duty, that is very costly to the economy and has no defenders outside of State Treasuries who would greatly miss the money if it … Continue reading

Posted in Housing, Tax | Tagged , , , , , , , , | 6 Comments

Courier-Mail story on Qld Govt’s fiscal challenges

I was quoted by John McCarthy in an article in today’s Courier-Mail (see image above) regarding the Queensland Government’s fiscal challenges. I’ve previously commented on the big challenge the Government has of sticking to its fiscal strategy announced at the … Continue reading

Posted in Budget, Infrastructure, Queensland Government | Tagged , , , , , , , , , , | 1 Comment

Nice words from Chris Joye in the AFR regarding my question to the RBA Governor

Leading financial economist Chris Joye has written a great piece in the Australian Financial Review on the issue of how long interest rates may stay at the very low levels they are now (RBA’s Glenn Stevens wrong on low rates … Continue reading

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Qld bouncing back nicely after technical recession in 2014

The ABS labour force data for May give me much greater confidence that Queensland is bouncing back nicely from the technical recession we experienced over much of 2014 due to the end of the mining boom (see chart above). Queensland’s … Continue reading

Posted in Labour market | Tagged , , , , , | 2 Comments