Monthly Archives: July 2020

Opening remarks to Qld Parliamentary Inquiry on economic response to COVID-19

Yesterday I was part of a panel of economic experts consulted by the Queensland Parliamentary Inquiry into the state government’s economic response to COVID-19. The notes I used for my opening remarks are reproduced below. The proceedings were broadcast via … Continue reading

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What’s going on with the Aussie dollar – my latest video

Morgans Chief Economist Michael Knox wrote a great note a couple of weeks ago on Why is the Australian dollar so strong. It’s a nice, clear description of what’s been happening to the Australian dollar in recent months. Michael concluded … Continue reading

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Australian coverage of my upcoming Qld Parliamentary Inquiry appearance

Thanks to Sarah Elks for her story in The Australian today regarding my upcoming appearance at the Queensland Parliamentary Inquiry into the state government’s economic response to the pandemic: Coronavirus: Queensland’s small-business grants ‘are a waste of money’ First, I … Continue reading

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Dynamic pricing economics & ethics podcast discussion

My latest podcast episode is on the economics and ethics of dynamic pricing, as used by Uber and airlines among other businesses. I spoke yesterday with Ben Scott, Research Officer at my business Adept Economics, and you can listen to … Continue reading

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Upcoming Qld Parliamentary COVID-19 Inquiry appearance

Next Monday I’ll be appearing, via Zoom, at a public hearing of the Queensland Parliament’s Inquiry into the Queensland Government’s economic response to COVID-19. I’m a member of a Panel of Economic Experts which also includes UQ Professor John Quiggin, … Continue reading

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Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading

Posted in Budget, China, Floods, Macroeconomy, Mining, Retail trade | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Retail rebound in Australia – latest video

My latest video is about the retail rebound revealed by the May Retail Trade data published by the ABS yesterday (Retail turnover rises 16.9 per cent in May). You may also be interested in the Queensland Treasury Retail Trade brief … Continue reading

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Individual public servants blamed while politicisation of Qld public service goes unaddressed

In incidental remarks in its report An investigation into allegations relating to the appointment of a school principal, the Crime and Corruption Commission identifies what many see as the big problem with the Queensland Government: the politicisation of the public … Continue reading

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Unfreezing discount rates with Marion Terrill from Grattan – latest podcast episode

Building Queensland and Infrastructure Australia require the use of a 7% discount rate in cost-benefit analyses of public infrastructure projects, but is a 7% discount rate applied to the future benefits of public infrastructure projects too high? Marion Terrill of … Continue reading

Posted in Infrastructure, Uncategorized | Tagged , , , , , , , , | 8 Comments

Premier’s border decision helps, but it’s still early days in any recovery from virus recession

The Queensland Premier’s decision to reopen the border to non-Victorian interstate travellers and to bring forward the relaxation of a range of restrictions will no doubt provide a bit of a boost to the economy (e.g. the Courier-Mail is reporting … Continue reading

Posted in Labour market, Macroeconomy, Queensland Government, Uncategorized | Tagged , , , , , , , , , , , | Leave a comment