Category Archives: Macroeconomy

Improved economic conditions may give Qld Gov’t confidence to call early election

Queensland political observers were stunned today when State Government Ministers started giving what appeared to be end-of-term wrap up speeches in Parliament, raising the possibility of an early election in September or October. With some of the Government’s recent announcements, … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , | Leave a comment

Queensland’s economic transition since the end of the mining investment boom

According to the Brisbane Times, at the LNP state conference on Sunday, Queensland Opposition Leader Tim Nicholls was highly critical of the Government’s economic management: “…you certainly can’t create jobs or effectively manage our finances when the Queensland domestic economy … Continue reading

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

Qld economy needs pick up in private sector investment

According to the latest National Accounts released by the ABS last week, private sector investment spending fell in Queensland over the March quarter (in seasonally adjusted terms) and State Final Demand would have fallen as well, if it were not … Continue reading

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , | Leave a comment

Qld economy surviving, but not thriving

In his latest column, Stormy times for an economy in the doldrums, Ross Gittins refers to Queensland’s “below-par” growth in State Final Demand, one of the statistics released by the ABS last Wednesday as part of the March quarter National … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , | Leave a comment

Upcoming Qld Treasury post-Budget briefing on Qld’s economic outlook

Today is National Accounts day, one of those four glorious days each year on which we receive the latest quarterly GDP figures for the national economy, this time for the March quarter. Alas, based on the partial indicators such as … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , | 2 Comments

Better policies would help Qld win the Economic State of Origin

At times during the last mining boom, Queensland was winning the economic State of Origin against NSW, with higher employment growth, a lower unemployment rate and a higher gross state product (GSP) per capita. But those glorious days are behind … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , | Leave a comment

Interview with ABC Radio’s Steve Austin on “The time Australia’s Treasury almost ran out of money”

I had a nice chat with 612 ABC Brisbane’s Steve Austin last Friday morning regarding my time in the Australian Treasury, particularly during the financial crisis in 2008-09, and focusing on what he described as: The time Australia’s Treasury almost … Continue reading

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | Leave a comment