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Author Archives: Gene Tunny
Qld economy in big trouble if China follows through with trade threat
Australian investors appear remarkably optimistic about the prospects for patching up our relationship with China given that, as the Financial Review reported yesterday, ASX up 4.4pc in US election, QE week. I can understand why a new round of Quantitative … Continue reading
Posted in Budget, Exports, Macroeconomy
Tagged asx, australia, beef, china, coal, coronavirus, covid-19, economy, exports, queensland, Wine
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RBA Governor Lowe does Treasurer Dick a favour in lead up to 1 December Qld Budget
Queensland Treasurer Cameron Dick is facing a tough challenge developing the COVID-recession-ravaged state budget, but the Reserve Bank of Australia will make his task a little bit easier with its new round of Quantitative Easing, by which it purchases Australian … Continue reading
Posted in Macroeconomy
Tagged monetarypolicy, qe, qld, qldgovernment, quantitativeeasing, queensland, rba
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ABC PM comment on border closure cost – Qld tourism worried about loss of interstate visitors over Christmas season
I spoke with the ABC’s Rachel Mealey yesterday afternoon about Queensland’s increasingly difficult-to-justify border restrictions, particularly about the ongoing cost to Queensland’s tourism sector, which is concerned it will miss out on interstate visitor spending it desperately needs over the … Continue reading
Posted in Tourism
Tagged abc, border, interstatevisitors, noosa, nsw, qitc, qld, queensland, tourism
2 Comments
NSW border policy still lacks solid justification
The Palaszczuk Government’s simple and appealing message of Keeping Queenslanders Safe has helped it win an increased majority, and there is no doubt Queensland has done well to control coronavirus and our state economy has coped with the COVID-shock better … Continue reading
Posted in Macroeconomy
Tagged cho, nsw, qld, qldelection, queensland, regionalnsw, sydney
2 Comments
LNP costings interview with Scott Emerson on 4BC
The Queensland LNP Opposition released its election costings yesterday, and I spoke with Scott Emerson on his 4BC Drive program about them later that day. You can listen to our conversation from around 54:00 via: The Scott Emerson Drive Show, … Continue reading
Posted in Budget
Tagged 4bc, budget, crime, debt, deficits, efficiencydividend, electioncostings, hooning, labor, lnp, publicservice, qldhealth, tyreshredding
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Amusing costings of Qld election commitments – $4bn of Gov’t election commitments reported to have zero “Net Impact”
I laughed out loud when I opened up a copy of the costings of the current Queensland Government’s election commitments and it reported that its $4 billion plus of commitments have practically zero “Net Impact” because it will be borrowing … Continue reading
Posted in Budget
Tagged coronavirus, covid-19, debt, deficits, qld, qldbudget, qldelection, queensland
4 Comments
NQ State feasibility should be explored in lead up to Katter-proposed referendum
I’m pleased that Katter’s Australian Party (KAP) leader Robbie Katter will push for a referendum on North Queensland statehood in the first half of 2021, as reported on news.com.au. It appears there is widespread disappointment in the North with the … Continue reading
Posted in North Queensland
Tagged bowenbasin, bundaberg, cairns, debt, gst, kap, mining, nq, nqexit, rockhampton, royalties, townsville
2 Comments
Upcoming QPC Productivity Reform livestream on 24 November
The Queensland Productivity Commission (QPC) has arranged an upcoming livestream on Productivity Reform in Australia and NZ, scheduled for 24 November, with some well known Australian and NZ economists, econo-crats, and pundits. According to the program we’ll hear from, among … Continue reading
Posted in Macroeconomy, Productivity
Tagged australia, ncp, nz, qld, qpc, queensland, queenslandproductivitycommission
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Tech Giants vs legacy media and governments – latest podcast episode
One of the biggest pieces of international news this week was the announcement that the US Department of Justice is suing Google over its alleged monopoly in search (see US justice department sues Google over accusation of illegal monopoly). The … Continue reading
Posted in Uncategorized
Tagged australia, bigtech, creativedestruction, facebook, google, government, legacymedia, marketpower, monopoly, newscorp, ninefairfax, regulation, usdoj, youtube
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Chat with 4BC’s Neil Breen on Qld Economic Recovery Plan, travel restrictions, deficits, and debt
Yesterday morning, I spoke with 4BC Breakfast presenter Neil Breen about the Queensland Government’s Economic Recovery Plan, travel restrictions, deficits, and debt. The recording has been published on the 4BC website: What’s in the book? Neil began by asking me … Continue reading
Posted in Budget
Tagged 4bc, airport, budget, debt, deficits, economicrecoveryplan, internationaleducation, nsw, nswborder, pefo, qld, queensland, tourism
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Queensland Economy Watch 