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Recent Posts
- AI, Productivity, and “Infinite Intelligence” – Conversation with Chris Berg and John Humphreys
- Borrowing to Pay Wages
- Interest Rates, Australia’s 3 Biggest Challenges, Global Fertility Crash, & the Tobin Tax Debate w/ John Humphreys, Australian Taxpayers’ Alliance
- Australia’s Productivity Problem: Can It Be Fixed? w/ John Humphreys, Australian Taxpayers’ Alliance
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Top Posts & Pages
- Another costly unnecessary lockdown for Brisbane
- Which Qld regions are the most productive per capita?
- Great map from OESR showing CSG wells in Surat Basin
- Are public servants overpaid on average?
- Higher coal prices helping Qld economy and state budget in this time of rolling lockdowns
- Qld Titles Registry trickery should be investigated in integrity inquiry
- The Andrew Leigh-Sinclair Davidson company tax debate
- Unemployment rates in Qld and rest of Australia: breaking down the contributions of different age groups
- West is best - high income earners love Brisbane's leafy western suburbs
- Qld private sector CAPEX is disappointing – CCIQ’s Dan Petrie is spot on in today’s Courier-Mail
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Author Archives: Gene Tunny
Qld economy’s growth rate reduced by business CAPEX fall
Queensland had the second lowest rate of State Final Demand (SFD) growth in the first quarter of 2021, according to the March quarter National Accounts published by the ABS yesterday. Queensland’s SFD grew at 0.4% compared with a national average … Continue reading
Posted in Uncategorized
Tagged australia, gdp, lockdown, nationalaccounts, qld, queensland, sfd, tourism, victoria
1 Comment
Housing approvals at record high nationwide, but Qld’s historic high was in mid-1990s
Soaring property prices and surging building approvals highlight a residential property market super-charged by record-low interest rates, returning expatriates, and a Fear Of Missing Out (FOMO). CoreLogic has estimated property prices were up 2.2% nationwide in May and up 2.0% … Continue reading
Posted in Housing
Tagged australia, buildingapprovals, housing, propertyprices, qld, queensland
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QCA warned against bidding wars (e.g. on Origin games) back in 2015
As a Townsvillian by birth, I am happy that Townsville will host the first 2021 State of Origin game, but I’m also appalled that Queensland taxpayers have to pay (reportedly) up to $8 million to the NRL so Townsville can … Continue reading
Growing concerns that stimulus and money printing are fuelling inflation
Setting off an inflationary spiral is one of the big risks with the mega-stimulus measures and Quantitative Easing or money printing we’ve seen in the responses of governments and central banks to the pandemic. This month, we’ve seen some higher-than-expected … Continue reading
Posted in Macroeconomy
Tagged australia, bitcoin, centralbanks, cpi, fed, gold, inflation, mmt, moneysupply
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Mining CAPEX has been growing in WA, falling in Qld
Mining sector capital investment has been increasing in WA but falling in Queensland, according to March quarter capital expenditure data published by the ABS yesterday (see chart above). This would reflect a combination of the following factors: the stronger demand … Continue reading
Posted in Mining
Tagged australia, capex, covid, lockdown, qld, queensland, victoria, wa
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Surge in new houses and reno’s offset by slump in non-residential construction in Qld
The ABS’s preliminary estimates of construction activity for March quarter are discouraging for Queensland, with an overall fall of 1.7% since December quarter in seasonally adjusted terms (see chart below). In contrast, construction work done increased by 2.4% nationwide. NSW … Continue reading
Posted in Uncategorized
Tagged abs, buildingindustry, construction, nationalaccounts, nsw, qld, queensland, sa, victoria, wa
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Evolutionary Economics with Brendan Markey-Towler
Harvard Economics Professor Joseph Schumpeter (1883-1950) was arguably the most perceptive and prophetic economist of all time. Schumpeter wrote about the importance of the entrepreneur for innovation and so-called “creative destruction” in capitalism, but he also recognised the inexorable tendency … Continue reading
Role of Qld Parliament in public finance – upcoming ASPG event on 14 June 21
Thanks to the Queensland chapter of the Australasian Study of Parliament Group (ASPG) for inviting me to be a panel member at its upcoming event The role of Parliament in public finance on 14 June at Parliament House, Brisbane. My … Continue reading
Posted in Queensland Government
Tagged budget, estimates, qld, qldfuturefund, qldparliament, queensland
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Interview with 4BC’s Scott Emerson on the federal budget
This afternoon, on his 4BC Drive program, former Queensland Government Transport Minister Scott Emerson and I shared our astonishment regarding the Morrison Government’s Go for Growth, Keynesian federal budget which Treasurer Josh Frydenberg handed down last night. You can listen … Continue reading
Qld and WA leading Australia in business conditions, based on NAB Survey
It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading
Posted in Budget
Tagged 612abcbrisbane, abc, australia, budget, businessconditions, businessconfidence, jobkeeper, nab, qld, wa
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Queensland Economy Watch 