Monthly Archives: September 2020

ABC radio interview on COVID-19 Fiscal and Economic Review

Posted on September 9, 2020 by Gene Tunny

Yesterday afternoon I had a great conversation with Steve Austin on his 612 ABC Brisbane Drive program regarding the state government’s budget update it published on Monday. We discussed the issues I covered in my post Woefully inadequate budget update, … Continue reading →

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Woefully inadequate Qld budget update

Posted on September 7, 2020 by Gene Tunny

We already knew the Queensland budget has deteriorated massively due to the COVID-crisis, so today’s state budget update was not surprising in terms of the huge fiscal deficits it announced, $9.3 billion in 2019-20 and $13.1 billion in 2020-21. Nor … Continue reading →

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Upcoming FACCI Federal Budget seminar on 9 October

Posted on September 7, 2020 by Gene Tunny

On Friday 9 October, I’ll be facilitating a video conference for the French-Australian Chamber of Commerce and Industry (FACCI) on the 2020 federal budget, which looks to be in poorer shape as each day passes, with the ongoing stage 4 … Continue reading →

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Why the world needs economists – latest podcast episode

Posted on September 3, 2020 by Gene Tunny

In my latest podcast episode, I explore what economists do and why the world needs them. I talk about the important roles that economists play in advising on government budget and economic policies and on the feasibility of specific projects, … Continue reading →

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Qld Gov’t going for broke in COVID response

Posted on September 2, 2020 by Gene Tunny

As well as confirming Australia is in a deep recession, with a 7% fall in GDP in June quarter, the National Accounts published by the ABS earlier today revealed Queensland state and local governments (mostly the state government) are spending … Continue reading →

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Deep recession to be quantified in June qtr National Accounts released tomorrow

Posted on September 1, 2020 by Gene Tunny

Age/SMH Senior Economics Correspondent Shane Wright has written a great summary of the business indicators data released yesterday by the ABS: An economy like 2016 as sales and wages collapse. The business indicators data are pieces of the jigsaw puzzle … Continue reading →

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