Author Archives: Gene Tunny

Qld economy not generating enough jobs for uni, VET & school leavers

Market economists do not appear too concerned about the new ABS jobs figures released yesterday showing the national unemployment rate increased to 5.9% in February from 5.7% in January. There is a recognition that there is a lot of noise … Continue reading

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RBA making it up as it goes along

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Greater labour mobility a better way to assist PNG than budgetary support

Last Thursday, ABC News reported that Papua New Guinea has asked for a re-direction of Australia’s foreign aid program towards direct contributions to PNG’s health and education budgets. PNG, a country already struggling with high population growth and public health … Continue reading

Posted in Agriculture, Labour market, Tourism, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Townsville getting $250M Super Stadium, but running out of water

One definition of economics is that it is the study of the allocation of scarce resources to competing uses. It says each additional dollar should go to the use which provides the greatest additional benefit. As such, it looks very … Continue reading

Posted in Townsville, Uncategorized, Water | Tagged , , , , , | 7 Comments

Guest post from Rod Bogaards: Trading hours’ report fails to make the case for continued regulation in Qld

I am delighted to publish this guest post from my fellow economist Rod Bogaards, currently a consultant to the World Bank, on the recent Queensland trading hours review by John Mickel. GT Trading hours’ report fails to make the case … Continue reading

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Residential construction at peak in current cycle in Qld

The mini-boom in residential construction, of both inner Brisbane apartments and detached houses in outer-lying areas in SEQ, such as Ripley, Springfield and Yarrabilba, has been important to the economy over the last couple of years. This mini-boom now appears … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , | 2 Comments

Fantastic December quarter result for Qld economy

The December quarter National Accounts showed a strong rebound for the Australian economy, with economic growth at 1.1 percent for the quarter, while State Final Demand for Queensland grew at 0.9 percent over the quarter according to the ABS. (Note … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , | 4 Comments