Category Archives: Macroeconomy

Unemployment and state budgets update

Posted on April 13, 2022 by Gene Tunny

On Monday, I appeared on the 612 ABC Brisbane Radio Drive program (from 2:09:00) to chat with Kelly Higgins-Devine about how we estimate the unemployment rate, a matter of interest that day obviously due to the Opposition Leader being unable … Continue reading →

Posted in Budget, Labour market, Macroeconomy | Tagged , , , , , | 2 Comments

Qld the fastest growing state with Southerners flocking here: 41k net migration gain in 12 months to Sep-21

Posted on March 18, 2022 by Gene Tunny

At nearly 41,000 people in the twelve months to 30 September 2021, net interstate migration to Queensland is the highest it’s been since the early 2000s, according to the ABS’s latest population estimates (see chart below). Queensland is the fastest … Continue reading →

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

Thriving, a new book by Wayne Visser, Cambridge pracademic and sustainability expert – my latest podcast episode

Posted on March 14, 2022 by Gene Tunny

Wayne Visser, of the Cambridge Institute for Sustainability Leadership and Antwerp Management School, has written a thoughtful and informative new book Thriving: The Breakthrough Movement to Regenerate Nature, Society, and the Economy. Wayne is reassuringly optimistic about the future of … Continue reading →

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Housing lending remains at super high levels

Posted on March 1, 2022 by Gene Tunny

First, my thoughts go out to all those affected by the recent flooding in Queensland and northern NSW. The intensity of the rainfall was extraordinary – in Brisbane, 80% of a full year’s rain in a few days reportedly. While, … Continue reading →

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Economic update and interest rate discussion at Brisbane Club next Wednesday

Posted on February 17, 2022 by Gene Tunny

Australian Treasury Secretary Steven Kennedy nicely summarised the economic outlook in his Opening statement to the Parliament’s Economics Legislation Committee yesterday: Nonetheless, while the disruption caused by Omicron has been significant, its overall economic impact is likely to be less … Continue reading →

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Inflation & interest rates chat with 4BC’s Scott Emerson

Posted on January 26, 2022 by Gene Tunny

Yesterday afternoon I had a quick chat with Scott Emerson on his 4BC Drive program about the accelerating CPI inflation revealed by the ABS yesterday (see chart above) and what it means for interest rates, with bank chief economists now … Continue reading →

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Shadow lockdown and supply-chain crisis – 9.30am Qld time livestream

Posted on January 21, 2022 by Gene Tunny

I’m going live at 9.30am Queensland time this morning (Friday 21/1/22) to discuss the big economic issues of the week, particularly: Australia’s strong pre-omicron labour force figures from the ABS for December, although they weren’t much comfort given the current … Continue reading →

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Let’s hope omicron is just a short, sharp shock

Posted on January 10, 2022 by Gene Tunny

Things have worsened quickly with Queensland’s omicron outbreak, and we really hope it is just a “short, sharp” outbreak as many health experts are predicting. The Brisbane Times has reported “University of Sydney infectious diseases expert Robert Booy also forecast … Continue reading →

Posted in Macroeconomy, Retail trade | Tagged , , | 1 Comment

Qld Economic Outlook for 2022

Posted on January 6, 2022 by Gene Tunny

Prior to the omicron outbreak, I was very confident about the Queensland economic outlook for 2022. I’m still reasonably confident that the state economy will perform well over 2022, but nothing is certain of course. There’s been a bit of … Continue reading →

Posted in Labour market, Macroeconomy, Mining | Tagged , , , , , , , , | 2 Comments

Remembering Tony Makin with ex-Ambassador to OECD Alex Robson

Posted on December 24, 2021 by Gene Tunny

Late last month we lost a great Australian economist, Professor Tony Makin of Griffith University. Episode 119 of my podcast explores Tony’s contributions to the Australian macroeconomic policy debate, particularly his studies and opinion pieces on fiscal stimulus and before … Continue reading →

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