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Recent Posts
- White Elephant Stampede – podcast chat w/ Scott Prasser
- Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
- National Electricity Market malfunction of June 2022: my latest podcast episode
- Remarkable turnarounds for Townsville, Mackay, and Cairns
- Why the National Accounts matter: podcast chat with Brendan Markey-Towler
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Top twenty largest cities and towns in Queensland by population
- ACCC right to call for Qld Gov’t to cut stamp duty on home insurance - $200 in stamp duty on each NQ home insurance policy on average
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
- Inflation & interest rates chat with 4BC's Scott Emerson
- International film productions such as Thor: Ragnarok unworthy of Qld taxpayer support
- Michael Porter on Cairns's tourism cluster
- Cross River Rail cost blowout means project doesn’t stack up
- Does Queensland need an Urban Land Development Authority?
- Just what are the aliens supposed to be looking for in Maryborough?
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Blogroll
Author Archives: Gene Tunny
White Elephant Stampede – podcast chat w/ Scott Prasser
Queensland has had more than its fair share of white elephant projects, including the Toowooomba Wellcamp quarantine facility and the Gold Coast desalination plant. The economics and politics of white elephants are considered in a new book from Connor Court … Continue reading
Posted in Infrastructure
Tagged budget, economics, government, infrastructure, qld, qldtreasury
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Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
I’ve reported on how the economic recovery has seen large falls in unemployment rates across Queensland, including in most regions (see Remarkable turnarounds for Townsville, Mackay, and Cairns). But I need to acknowledge that employment growth is still overwhelmingly in … Continue reading
Posted in Labour market, Macroeconomy
Tagged coal, csq, qld, queensland, regions, renewables
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National Electricity Market malfunction of June 2022: my latest podcast episode
One of the biggest challenges facing advanced economies is maintaining reliable and reasonably priced electricity as we decarbonise to combat climate change. This year we’ve seen some ominous signs that this may not go well. The war in Ukraine has … Continue reading
Posted in Uncategorized
Tagged aemo, australia, coal, electricity, evs, gas, nem, qld, renewables, russia, ukraine
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Remarkable turnarounds for Townsville, Mackay, and Cairns
In my upcoming Brisbane Club presentation on Tuesday, one chart I’ll show is of selected Queensland regional unemployment rates, highlighting how the economic recovery generally and a booming mining sector have translated into some extraordinarily low unemployment rates in some … Continue reading
Posted in Cairns, Labour market, Mackay, Townsville
Tagged abs, cairns, ggso, mackay, townsville, unemployment
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Why the National Accounts matter: podcast chat with Brendan Markey-Towler
This century’s great trends in the Australian economy are evident in the National Accounts data (Chart 1): a halving of the relative economic contribution of domestic manufacturing, partly due to the car industry shutdown; the periodic resources booms which have … Continue reading
Posted in Macroeconomy
Tagged construction, economics, gdp, manufacturing, mining, national accounts
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RBA review: why it’s necessary and what it should recommend
The RBA is in the spotlight at the moment as there’s a risk its monetary tightening will crash the housing market and broader economy. Arguably, it should have acted earlier to raise rates and to stop its quantitative easing. Even … Continue reading
Qld Gross State Product was up 22% in dollar terms in 2021-22
Hidden in a note to its economic forecasts table in the state budget was the extraordinary estimate from Queensland Treasury that, in nominal dollar terms, the state economy expanded 22% last financial year, 2021-22 (see the chart below based on … Continue reading
Qld gaining nearly 1,000 people per week from interstate – new yearly (50k) & quarterly (19k) records
It’s been an extraordinary day of news for Queensland today, with: a) record net interstate migration over a twelve-month period of just over 50k, and record quarterly net interstate migration of 19k in December quarter 2021, revealed in the ABS’s … Continue reading
ASPG-Q prize for essay on a parliamentary topic – my suggestions
If you know of any postgraduate students at a Queensland university who are interested in political science, then please pass on the details of the Australasian Study of Parliament Group – Queensland (ASPG-Q) essay prize: ASPG-Q Parliamentary Scholarship Prize flyer.pdf … Continue reading
Posted in Uncategorized
Tagged aspgq, citizensjury, covid-19, parliament, qldparliament, upperhouse
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Qld’s bolshie budget – my latest thoughts
Reading the Courier-Mail’s latest state budget reporting, quoting Cameron Dick as a self-proclaimed Robin Hood Treasurer, it’s clear the state government no longer gives a damn what business thinks. It’s gone full-on economic populist with its royalties hike ($1.2bn over … Continue reading