Author Archives: Gene Tunny

If you’re sick of politics BAU, check out my Pirate Party economics podcast interview

What does the economic policy platform of a Pirate Party look like? What does it say about intellectual property protection (i.e. copyright and patents), the Right to Repair, UBI, taxation, and business support? And what type of pirates are Pirate … Continue reading

Posted in Budget, Industry policy, Macroeconomy, Social policy, Tax, Trade | Leave a comment

Economic update: interest rates, monetary policy, fiscal policy, and coal prices

The election debate would benefit from a clear understanding of the factors affecting interest rates, now that the RBA has increased the cash rate from the “emergency level” of 0.1%, practically the lowest it could go, to the still extraordinarily … Continue reading

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Coaldrake integrity inquiry submission

Professor Peter Coaldrake appears to be doing a great job in his Review of culture and accountability in the Queensland public sector, and I’ve been impressed by his findings in his interim report regarding the politicisation of the public service, … Continue reading

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Unemployment and state budgets update

On Monday, I appeared on the 612 ABC Brisbane Radio Drive program (from 2:09:00) to chat with Kelly Higgins-Devine about how we estimate the unemployment rate, a matter of interest that day obviously due to the Opposition Leader being unable … Continue reading

Posted in Budget, Labour market, Macroeconomy | Tagged , , , , , | 2 Comments

Will the Brisbane Olympics stack up? The Federal Parliamentary Library investigates

The latest federal budget refers to “$22.5 million for the Brisbane Olympic and Paralympic Games 2032 – Business Case Development”. It’s a shame that we didn’t spend some of that money prior to deciding to bid for the Games, to … Continue reading

Posted in Queensland Government | Tagged , , , , | 1 Comment

Concorde’s lesson for gov’t industry promotion efforts

Interventionist industry policies by governments, such as the Queensland Government’s current hydrogen industry strategy, are usually viewed sceptically by economists, because they often deliver poor value for money for taxpayers and don’t have logical rationales. One notorious example from history … Continue reading

Posted in Industry policy | Tagged , , , , , , , | 2 Comments

Qld Gov’t $3k EV subsidy looks like poor value for money for taxpayers

As far as I can tell, the Queensland Government hasn’t released any economic analysis of its $3,000 electric vehicle (EV) subsidy, probably because, if it did, the analysis would reveal the subsidy was a poor use of public funds. Some … Continue reading

Posted in Budget, Environment | Tagged , , , , , , , | 4 Comments

Qld the fastest growing state with Southerners flocking here: 41k net migration gain in 12 months to Sep-21

At nearly 41,000 people in the twelve months to 30 September 2021, net interstate migration to Queensland is the highest it’s been since the early 2000s, according to the ABS’s latest population estimates (see chart below). Queensland is the fastest … Continue reading

Posted in Macroeconomy | Tagged , , , , | 3 Comments

Thriving, a new book by Wayne Visser, Cambridge pracademic and sustainability expert – my latest podcast episode

Wayne Visser, of the Cambridge Institute for Sustainability Leadership and Antwerp Management School, has written a thoughtful and informative new book Thriving: The Breakthrough Movement to Regenerate Nature, Society, and the Economy. Wayne is reassuringly optimistic about the future of … Continue reading

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Housing lending remains at super high levels

First, my thoughts go out to all those affected by the recent flooding in Queensland and northern NSW. The intensity of the rainfall was extraordinary – in Brisbane, 80% of a full year’s rain in a few days reportedly. While, … Continue reading

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