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Author Archives: Gene Tunny
ACE 2015 tax policy panel discussion involving Treasury suggests little chance of major tax reform
The official Treasury water bottle. A pleasant surprise in the ACE 2015 conference bag. Thanks to Graeme Davis from Treasury, Alex Robson from Griffith, Miranda Stewart from ANU and Paul Abbey from PwC for some informative and stimulating presentations at … Continue reading
Posted in Tax
Tagged anu, australia, capitalgains, companytax, griffith, negativegearing, pwc, tax, treasury
2 Comments
ACE2015 careers session on a day in the life of a professional economist
The 2015 Australian Conference of Economists (ACE2015) has commenced in Brisbane at QUT’s Gardens Point campus. Yesterday I participated as a panelist in a session at the PhD Colloquium on a day in the life of a professional economist, along … Continue reading
Posted in Uncategorized
Tagged accc, ace2015, careers, economics, economists, imf, pc, rba, treasury, un, worldbank
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Undoubtedly China crash bigger risk to Australia than Grexit
The news.com.au finance reporter Frank Chung is right to note the risks to Australia from a possible crash in China are much greater than the risks from the Greek crisis (see Chinese chaos worse than Greece). We are much more … Continue reading
Posted in Macroeconomy, Trade
Tagged australia, china, exports, greece, grexit, japan, qld, queensland
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Strong LNG-led export growth means Qld should record economic recovery in first half of 2015
Queensland appears on track to record a recovery from the technical recession of the second-half of 2014, due to a large increase in exports in recent months, in part associated with the LNG now being shipped out of Gladstone (see … Continue reading
Posted in Exports, Macroeconomy
Tagged coal, exports, lng, qld, qldtreasury, queensland, treasury
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Ethanol mandate should not proceed without cost-benefit analysis
Before the Queensland Government commits to the 2 per cent ethanol mandate proposed in the biofuels discussion paper, it should commission a cost-benefit analysis to ensure that the costs the mandate will impose on motorists, estimated at over $4 million … Continue reading
Posted in Industry policy
Tagged e10, ethanol, fuel, petrol, petrolprice, qld, queensland, racq, unleaded
2 Comments
Curtis Island LNG projects more-or-less doubled heavy construction activity in peak period
About the great American mountain-man Jim Bridger, Johnny Horton sang “That he was making history never once occurred to him.” I wonder if the men and women who have worked on the Curtis Island LNG plants have realised that they … Continue reading
Posted in Housing, Macroeconomy, Mining
Tagged abs, bechtel, buildingapprovals, construction, curtisisland, eurozone, greece, imf, lng, qld, queensland
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Michael Willis on interstate migration – Qld may benefit from trickle-down of housing price booms in Sydney & Melbourne
Regular Queensland Economy Watch reader Michael Willis sent me his thoughts on the interstate migration issues I’ve been covering recently. His thoughts are posted below. Your recent posts, confirming that public sector job cuts contributed to the turning of the … Continue reading
Posted in Migration
Tagged houseprices, interstatemigration, melbourne, migration, qld, queensland, sydney
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Qld public service redundancies likely contributed to spike in migration to NSW & Victoria
Following the ABC radio and online news coverage I received yesterday on the interstate migration issue, a friend of mine pointed out that redundancies in recent years, notably in the Queensland public service (which I thought were necessary for efficiency … Continue reading
Posted in Migration
Tagged interstatemigration, migration, nsw, publicservice, qld, queensland, redundancies, vic, victoria
7 Comments
Queenslanders leaving for professional jobs in Victoria
For over two years now, Queensland has been a net loser of people to Victoria, as the historically reliable net migration of people from Victoria to Queensland has reversed (first chart below). The conditions for mass migration out of Victoria … Continue reading
Posted in Migration
Tagged abs, houseprices, interstatemigration, migration, qld, queensland, unemployment, victoria
2 Comments
QIC takeover of GOCs is a very bad idea
As suggested in the Courier-Mail this morning, it is possible the Queensland Government will try to appear it is meeting its fiscal strategy and paying down debt through some creative accounting, involving government-owned corporations (GOCs) (e.g. Energex, Stanwell, Gladstone and … Continue reading
Queensland Economy Watch 