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Recent Posts
- What is the fiscal impulse from the Australian Budget?
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Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Qld Audit Office gives scathing assessment of Government procurement
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
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- Qld Treasury right that paying down State debt is a huge challenge
- BCC should consider economic consequences of townhouse ban
- Queensland leads Australia on obesity
- When will Queensland get its AAA credit rating back?
- Unsurprising Townsville running out of water when Council is charging so little for it
- Qld Titles Registry trickery should be investigated in integrity inquiry
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Monthly Archives: August 2020
The Triumvirate’s Stratagem cannot stand – guest post by Joe Branigan
Thanks to my old friend and former Treasury colleague Joe Branigan for this guest post on the Queensland Government’s response to COVID-19. Views expressed are Joe’s and should not necessarily be attributed to me. GT The Triumvirate’s Stratagem cannot stand … Continue reading
Posted in Health, Macroeconomy
Tagged coronarvirus, covid-19, jobkeeper, jobseeker, publichealth, qld, qldeconomy, queensland, queenslandparliament
3 Comments
Mining & Ag have partly shielded several Qld regions from COVID shock
As shown in my post on the latest payroll jobs data from the ABS, the regions which have fared the best in Queensland since the COVID-related economic crisis began in March are Toowoomba and Central Queensland, likely due to the … Continue reading
Posted in Agriculture, Labour market, Mining, Toowoomba
Tagged abs, agriculture, coronavirus, covid-19, employment, jobs, mining, payrolljobs, qld, queensland, unemployment, victoria
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Thoughts on the New Normal – latest podcast episode
Regarding a new normal in a post-COVID world, in the June 2020 issue of Monocle magazine, the Editor Tyler Brule wrote: We don’t want a heavy handed ‘new normal.’ We want people to act responsibly but we also want families, … Continue reading
Posted in Health, IR, Labour market, Macroeconomy, Retail trade, Tourism, Transport
Tagged australia, bikes, coronavirus, covid-19, freelancing, gigeconomy, monocle, newnormal, podcasting, publictransport, sweden, uber, upwork, usa, wfh, workingfromhome, worklifebalance, youtubing
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Gold Coast and Inner Brisbane the worst affected Qld regions in employment terms
According to the latest regional payroll jobs data released by the ABS today, in early August employment on the Gold Coast was still 6% below the level it was mid-March, before all the major COVID-related restrictions began (see chart below). … Continue reading
Posted in Brisbane, Gold Coast, Labour market, Macroeconomy
Tagged abs, brisbane, coronavirus, covid-19, employment, goldcoast, hospitality, innercitybrisbane, jobs, payroll, tourism
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Imperative to avoid bad policy measures like super increase which would set back recovery
Prime Minister Scott Morrison is right to consider delaying the legislated increase in the 9.5% superannuation guarantee rate, which is scheduled to start increasing by half a percentage point each year from 1 July 2021 until it gets to 12%. … Continue reading
Posted in Brisbane, Macroeconomy
Tagged australia, buildingindustry, consumption, economy, heritage, investment, profits, super, superannuation, wages
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On the record high Gold price in Aug 2020 – podcast discussion with Darren Brady Nelson
In my latest podcast episode on Gold, I discuss the record high gold price of over 2,000 USD/oz. seen in August 2020 with Darren Brady Nelson, Chief Economist of LibertyWorks and a policy advisor at the Heartland Institute. Note that … Continue reading
Posted in Macroeconomy
Tagged bondyields, gold, hedge, money, qe, quantitativeeasing, risk, uncertainty, usdollar
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National leadership needed on interstate borders
Unless we get a COVID-19 vaccine soon, we’re most likely facing years of profound economic and social pain. Every day brings more news of businesses that will never re-open and jobs lost (e.g. earlier this year Arc Dining closed permanently … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged border, coronavirus, covid-19, howardsmithwharves, mrc, nsw, pandemic, qld, queensland, recession
3 Comments
Chief Medical Officers should make their value judgements clear and Premiers shouldn’t just defer to them
The Australian Institute for Progress ran an excellent webinar last night, on the economic response to the pandemic, featuring prominent Australian businesswoman and former ACT Chief Minister Kate Carnell and Griffith University Economics Professor Tony Makin. It’s certainly a good … Continue reading
Posted in Macroeconomy
Tagged australia, coronavirus, covid-19, economics, isoughtproblem, publichealth, qld, queensland, unemployment, victoria
3 Comments
The Deficit Myth and Modern Monetary Theory – latest podcast episode
I’ve recorded some thoughts on Stephanie Kelton’s best-selling book The Deficit Myth which is popularising so-called Modern Monetary Theory: The Deficit Myth and Modern Monetary Theory – initial views In my recorded conversation with my Adept Economics colleague Ben Scott, … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, balancesheet, banks, bonds, centralbank, crowdingout, debt, deficits, economics, economy, fed, fiatmoney, inflation, mmt, modernmonetarytheory, money, qe, quantitativeeasing, rba, unemployment, usa
2 Comments
Qld may see a surge of interstate migrants from Victoria post-COVID
I expect many Victorians suffering through stage four restrictions due to the COVID-19 outbreak will be contemplating a move to Queensland. And some savvy Victorians have found a way to do just that already. For instance, see this Nine News … Continue reading
Posted in Migration, Population, Uncategorized
Tagged coronavirus, covid-19, interstatemigration, migration, qld, queensland, stage4, victoria
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Queensland Economy Watch 