Monthly Archives: February 2020

The FIRE movement with Dr Di Johnson – Economics Explained ep. 24

My latest Economics Explained episode on the FIRE movement, in which I interview Griffith Business School lecturer Dr Di Johnson, is now available. FIRE stands for Financial Independence, Retire Early. By early, proponents typically mean retiring in your 30s or … Continue reading

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Cross River Rail cost blowout means project doesn’t stack up

Based on recent Courier-Mail reports of a huge cost blowout, the Cross River Rail project could deliver a net loss to the community of around $5 billion, or almost $1,000 for every Queenslander.  The latest news about the troubled Cross … Continue reading

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Gig economy & side hustle business numbers growing strongly

There has been strong growth in the number of gig economy and side hustle businesses in Queensland, according to ABS business counts data published last Thursday (see chart below). Topping the list of industries (at the 4-digit ANZSIC level) by … Continue reading

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Entrepreneurship with Prof. Peter G. Klein – latest Economics Explained episode

My latest Economics Explained episode on entrepreneurship featuring Professor Peter G. Klein of Baylor University is now available. Many universities now offer courses in entrepreneurship, as students have been inspired by tech entrepreneurs such as Elon Musk and Mark Zuckerberg. … Continue reading

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Qld definitely not hot – slides from my Hot or Not talk at the Brisbane Club

Thanks to Ross Elliott from APP Property and Infrastructure Specialists for having invited me to present again at his annual Queensland: Hot or Not seminar at the Brisbane Club yesterday afternoon. It’s very clear the Queensland economy, and the broader … Continue reading

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Fifth anniversary of Palaszczuk Gov’t – my comments in today’s Courier-Mail

Courier-Mail State Affairs Editor Steven Wardill has written a great article on where the Palaszczuk Government is placed on its fifth anniversary today, Premier’s support plunges to same level as Bligh bloodbath, in which he quotes me: One of Queensland’s … Continue reading

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Antitrust & “Hipster Trustbusters” with Danielle Wood from Grattan – Economics Explained EP22

The massive market power of the big tech companies, such as Google, Facebook, and Amazon, has prompted a renewed interest in antitrust laws. To discuss antitrust, I invited Danielle Wood from the Grattan Institute on to my Economics Explained podcast, … Continue reading

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CCIQ Coronavirus interview – Chief Economist “very concerned” about potential impacts

The Courier-Mail‘s alarming story on Thursday Coronavirus to cause chaos for Queensland businesses prompted me to get in touch with the Chamber of Commerce & Industry Queensland (CCIQ) to seek a briefing on what they’ve learned from their various information … Continue reading

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Surveillance Capitalism with Darren Brady Nelson – latest Economics Explained episode

So-called surveillance capitalism was one of the big issues for the 2020s I identified in my first Economics Explained episode this year. Google, Facebook, and other tech giants have massive amounts of data on us and they are using it … Continue reading

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Coronavirus and the Qld economy

Despite all the bad news on coronavirus, the RBA Board, which left the cash rate unchanged yesterday, and financial markets, which are currently rallying, seem pretty relaxed about the potential economic impacts of the virus. While equity prices are lower … Continue reading

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