Category Archives: Industry policy

ABC radio story on Hollywood blockbusters crowding out local productions featuring David Williamson and me

When an ABC journalist contacted me a couple of weeks ago about excessive federal and state government subsidies to international film productions such as Thor: Love and Thunder, I mentioned it wasn’t just hard-headed economists like me complaining. Cultural luminaries, … Continue reading

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‘Hollywood Australia’ supported by generous tax credits and other government subsidies

The Australian is reporting ‘Hollywood Australia’ a $1.5bn movie blockbuster extravaganza, covering the surge in international film productions such as Thor: Love and Thunder filming in Australia. This is partly related to Australia’s success in managing COVID and also to … Continue reading

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Qantas call for state gov’t incentives highlights the prisoners’ dilemma of interstate bidding wars

Queensland Government agencies such as Treasury and State Development will be busy developing an incentive package, no doubt containing payroll tax concessions and possibly a grant, to attract Qantas’s HQ. As the Australian reported yesterday: Qantas is asking state governments … Continue reading

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Hollywood subsidies by Qld Gov’t kept hidden – Qld Right-To-Info process a huge joke

I’ve long argued that the current approach to assisting the film industry, focused on luring international film productions, is wasteful, doesn’t achieve any important public policy goals, and is politically motivated, so drab politicians can benefit from some Hollywood glamour. … Continue reading

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Upcoming Qld Parliamentary COVID-19 Inquiry appearance

Next Monday I’ll be appearing, via Zoom, at a public hearing of the Queensland Parliament’s Inquiry into the Queensland Government’s economic response to COVID-19. I’m a member of a Panel of Economic Experts which also includes UQ Professor John Quiggin, … Continue reading

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Picking winners – industry policy podcast chat with Craig Lawrence

With the Queensland Government willing to invest $200 million in Virgin Australia to keep its HQ in Brisbane, I thought it would be timely to record a podcast interview on investment attraction and industry policy more broadly. On Tuesday, I … Continue reading

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Entrepreneurship with Prof. Peter G. Klein – latest Economics Explained episode

My latest Economics Explained episode on entrepreneurship featuring Professor Peter G. Klein of Baylor University is now available. Many universities now offer courses in entrepreneurship, as students have been inspired by tech entrepreneurs such as Elon Musk and Mark Zuckerberg. … Continue reading

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Podcast highlights – Quiggin on climate change, Gruen on digital public goods, and others

My latest Economics Explained episode presents highlights from the podcast in 2019, including UQ’s John Quiggin on climate change, Lateral Economics’s Nicholas Gruen on digital public goods, and RMIT’s Leonora Risse (currently a fellow at the Harvard Kennedy School) on … Continue reading

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Innovation & digital public goods with Dr Nicholas Gruen – latest Economics Explained episode

The latest episode of my Economics Explained podcast, featuring renowned Australian economist, entrepreneur, and angel investor Dr Nicholas Gruen, is now available via Simplecast and major podcast apps. I had a very enjoyable conversation with Nicholas regarding his views on … Continue reading

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My comments in Saturday’s Courier-Mail on payroll tax concessions—e.g. for BrewDog & Disney

With the possible exception of President Trump, the most interesting American politician at the moment is the millennial, freshman member of the House from New York, Alexandria Ocasio-Cortez (AOC). She is one of the main players is what The Economist … Continue reading

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