Monthly Archives: March 2019

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

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The 7 habits of highly effective economists Part 2 – Habits 4 to 7: Public victory & renewal habits

I have previously posted Part 1 of the 7 habits of highly effective economists in which I covered the first three habits. This post covers the remaining four. The 7 habits were first defined by the late Stephen R. Covey … Continue reading

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Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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The 7 habits of highly effective economists – Part 1: Habits 1 to 3 for private victory

I’ve recently become a huge fan of Tim Ferriss’s extraordinary podcast The Tim Ferriss Show. One of the questions Tim regularly asks his super-successful guests is: What is the book (or books) you’ve given most as a gift, and why? … Continue reading

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Is it nonsense to talk about a “GDP per capita recession”?

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading

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Grattan 2019 Budget panel discussion I’m participating in at Qld State Library

I’m really pleased to have been invited to be one of the panelists in the Grattan Institute’s upcoming panel discussion on the 2019 federal budget on the evening of Tuesday 9 April, one week after the budget, at the Queensland … Continue reading

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My question to Chris Bowen on Treasury

Former Westpac CEO David Morgan’s interview with the Financial Review, in which he laments political interference with the Treasury, reminded me that I asked Shadow Treasurer Chris Bowen a question at his McKell Institute speech on Wednesday regarding how he … Continue reading

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