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Recent Posts
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- How the Palaszczuk Gov’t Failed to Abide By Its Own Fiscal Principles | What it Means for the Miles Gov’t
Top Posts & Pages
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- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Official Qld unemployment rate of 7.9% doesn’t tell the full story
- Top twenty largest cities and towns in Queensland by population
- Large decline in rate of homelessness in Qld over last decade
- Japan is Qld’s top export destination once again, but only by a small margin
- Which suburbs of Brisbane had the largest increases in unemployment?
- High insurance costs likely to impede development of Northern Australia
- JobKeeper has been stimulating in multiple ways - evidence from Lush Marcoola
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Monthly Archives: December 2016
2016 brought big surprises, but a comparison to 1848 seems overblown
In his thought-provoking review of the year of Trump and Brexit (After the revolt comes uncertainty), the Weekend Australian’s Foreign Editor Greg Sheridan observes: “…2016 may well be seen by historians as a year of fundamental pivot, of a change … Continue reading
Posted in Trade, Uncategorized
Tagged 1848, 2016, 2017, brexit, revolution, trump, us, yearofrevolutions
4 Comments
Recommended holiday reading: The Man Who Knew
The best economics and finance book of 2016 is undoubtedly Sebastian Mallaby’s masterful biography of former Federal Reserve Chairman Alan Greenspan, The Man Who Knew. Greenspan was the man who knew that superficially healthy economies, with steady economic growth and … Continue reading
Posted in Housing, Macroeconomy, Uncategorized
Tagged alangreenspan, fed, federalreserve, greenspan, inflation, interestrates, manwhoknew, monetarypolicy, usfed
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Victoria still beating Queensland in interstate migration & population growth
Since late 2012, Queensland has been losing people to Victoria, a reversal of the historically positive net flow of people from Victoria to Queensland (see chart below based on the latest ABS population estimates published Thursday last week). While the … Continue reading
Posted in Population, queensland, Uncategorized
Tagged abs, brisbane, employment, fulltimeemployment, infrastructure, interstatemigration, jobs, liveability, melbourne, population, populationgrowth, qld, queensland, victoria
3 Comments
Should Queensland legalise recreational marijuana use?
My friend and fellow economist Dr Stephen Thornton of Bluegreen Economics has released a report advocating for the legalisation of marijuana for recreational use in Queensland. While the Queensland Parliament has recently passed a law allowing medicinal marijuana use, we … Continue reading
Posted in Social policy, Uncategorized
Tagged canada, cannabis, colorado, marijuana, massachusetts, pot, queensland, regulation, tax
4 Comments
Higher royalties improve Qld budget bottom line, but work still needed on budget repair
As we have been expecting for some time, higher coal prices and thus royalties (see chart below) have translated into a much improved State Budget balance, with the Queensland Treasury now forecasting the biggest operating surplus ($2 billion) in a … Continue reading
Posted in Budget, Uncategorized
Tagged aaa, assetrecycling, debt, myfer, qld, qldbudget, qldtreasury, statedebt
2 Comments
Guest post from Paul McGuire: Some Investment Tips – dos and don’ts
I am delighted to publish this guest post from my friend and former colleague Paul McGuire, who has had a diverse career as a professional economist, including positions in the Commonwealth Treasury, OECD, Australian Government ministerial offices and Queensland Government … Continue reading
Posted in Uncategorized
4 Comments
Government right to rule out fiscal stimulus
The ½ percent GDP contraction in September quarter that the ABS published last week has raised a lot of questions about the current state of the economy, and whether the Government should do more in terms of economic reform or … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, capex, fiscalpolicy, fiscalstimulus, gdp, gsp, mundellfleming, nationalaccounts, qld, queensland, treasury
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Why the Adani mega mine is welcome news in Townsville
It is welcome news to the local community that Adani will base its Carmichael coal mine headquarters in Townsville , which has struggled with job losses and high unemployment over the last couple of years. The Townsville Bulletin reports: “Townsville … Continue reading
Posted in Mining, North Queensland, Townsville, Uncategorized
Tagged adani, adanimegamine, coal, coalmine, employment, galileebasin, jobs, qldtreasury, townsville, townsvillebulletin, unemploymentrate
3 Comments
US recovery on track, while Australian economists wait anxiously for latest National Accounts
The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading
Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized
Tagged abs, agriculture, australianeconomy, bls, cashrate, china, fed, federalreserve, fundsrate, interestrates, japan, nationalaccounts, teq, tourism, us, useconomy, wages, wheat
2 Comments
Queensland Economy Watch 