Author Archives: Gene Tunny

Surge in Qld youth employment over 2017

You have probably seen the media coverage of the strong jobs growth over 2017 for Australia. Queensland played a large part in this, with the highest employment growth rate among states and territories (4.6 percent through-the-year) and an increase in … Continue reading

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Qld’s economic outlook for 2018

CCIQ’s Joseph Kelly has published a nice note titled Business 2018 examining the outlook for Queensland business in 2018, in which he suggests “2018 has all the elements to be the year for business.” Factors that will boost Queensland’s economy … Continue reading

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Holiday reading – Till Time’s Last Sand: A History of the Bank of England 1694-2013

Over the Christmas and New Year break, I finishing reading Till Time’s Last Sand, British historian David Kynaston’s masterful history of the Bank of England, covering its first 320 years since its establishment in 1694, when incidentally it became the … Continue reading

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Michael Knox on why the RBA won’t hike interest rates any time soon

In today’s Financial Review, economics correspondent Jacob Greber observed: The RBA has gone more than seven years now without raising interest rates, the longest span since the official cash rate was introduced in the early 1990s. Indeed, on Melbourne Cup … Continue reading

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Critical Qld Gov’t debt metric still projected to worsen

Yesterday’s Mid Year Fiscal and Economic Review revealed Queensland Government debt forecasts marginally lower than they were at budget time in June, but total borrowings will still reach nearly $81 billion by mid-2021. As Steven Wardill notes in today’s Courier-Mail: … Continue reading

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Qld MYFER should factor in population growth pick up

Higher coal royalty revenue associated with higher coal prices will be the big story coming out of Queensland’s Mid Year Fiscal and Economic Review, to be released today, but there should be some other important variations to note. Population growth … Continue reading

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Des Houghton’s comments on Qld Government’s daily interest bill of $10 million

In an opinion piece published Monday, the Courier-Mail’s Des Houghton rightly highlighted the huge challenge new Queensland Treasurer Jackie Trad faces in reining in spending, particularly given the significant burden placed on the budget by the interest on general government … Continue reading

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