Monthly Archives: December 2020

Where Queensland’s coal exports go

In my post last Tuesday, PM puts China’s Aussie thermal coal ban in perspective, I noted how China’s Aussie coal ban would be much more concerning if it also applied to coking coal, which is more valuable per tonne and … Continue reading

Posted in China, Mining | Tagged , , , , , , , , , , | 2 Comments

Bad news for Qld tourism as border restrictions being re-imposed

Just a few weeks ago, the Queensland Premier was telling Sydneysiders she wants them to come to Queensland, but now they need a COVID test on arrival and need to isolate until they’re cleared, as the state tightens the border … Continue reading

Posted in Tourism | Tagged , , , , , | 2 Comments

Qld Treasurer was premature in claiming recovery to pre-COVID jobs level

Last month, I dissected the Queensland Treasurer’s bold claim that more Queenslanders are working now than were working pre-COVID (check out my 21 November post). I thought it was a bold claim given a) the substantial sampling error at the … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , | Leave a comment

Money and cryptocurrency – my latest podcast episode

When I recorded the latest episode of my Economics Explored podcast last Friday afternoon, the price of one Bitcoin was a bit above US$18,000 after having failed to get beyond US$20,000 in the previous weeks. In my chat with my … Continue reading

Posted in Macroeconomy | Tagged , , , , , , , , , , | 1 Comment

The book for 2020: Lives of the Stoics by Ryan Holiday and Stephen Hanselman

Many Queenslanders would have been terrified about the possibility of a re-imposition of border restrictions when they learned about the new NSW community-acquired COVID case, but, thankfully, Acting Premier Steven Miles has told us all is good for now, and … Continue reading

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PM puts China’s Aussie thermal coal ban in perspective, but $100M+ annual loss to Qld state budget possible

Prime Minister Scott Morrison did a good job yesterday at putting China’s reported ban on Australian thermal coal into perspective, pointing out Japan is our largest customer for thermal coal, and it takes twice the amount of thermal coal as … Continue reading

Posted in China, Mining | Tagged , , , , , , , , | 4 Comments

Rainfall crucial for drought-afflicted Qld regions highly dependent on agriculture

We’ve seen some impressive rainfall in Brisbane over the last few days, but it appears parts of the state such as Warwick which really need it can do with a lot more to fill dams and help them get over … Continue reading

Posted in Agriculture | Tagged , , , , , , , , | Leave a comment

Bad planning policies leading to poor outcomes in Brisbane City according to UQ researchers

Two UQ geographers have written a great Conversation article, republished in the Brisbane Times, on Why city policy to ‘protect the Brisbane backyard’ is failing. The authors argue that current planning policies lead to undesirable outcomes. Current Brisbane City Council … Continue reading

Posted in Brisbane | Tagged , , , , , , , , | 1 Comment

Huge swings in Bitcoin value make it hard to believe it will ever replace traditional currencies

The Bitcoin price was getting close to US$20,000 at the end of last month, but has since come down to a bit over US$18,000. In March, it was around US$5,000 (see chart above). There has been a lot of speculative … Continue reading

Posted in Macroeconomy | Tagged , , , , , , | Leave a comment

What the QCA had to say about special deals like the Downer Maryborough trains deal

As a Queenslander who grew up during the days of Sir Joh, I’ve come to expect a certain level of impropriety in Queensland politics, so I haven’t been surprised governments since Sir Joh’s have had questionable dealings, although they’ve been … Continue reading

Posted in Competition policy | Tagged , , , , , | Leave a comment