Category Archives: Macroeconomy

Sunny Coast booming | Qld must remain open for business petition

Posted on December 23, 2021 by Gene Tunny

Relative to pre-COVID levels, while all Queensland regions have much higher job vacancies, it is the Sunshine Coast that is well in the lead, according to the National Skills Commission’s internet vacancies data for November 2021, published yesterday (see chart … Continue reading →

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One in every one thousand people in Qld in quarantine with more to come given sharply rising COVID numbers

Posted on December 22, 2021 by Gene Tunny

According to the Courier-Mail, over 5,400 people, or around one in every one thousand people in Queensland are in active quarantine, mostly because they’re close contacts of COVID cases (see the charts below with data for the Queensland Hospital and … Continue reading →

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Optimism at home, big inflation concerns abroad – catch up with my livestream at 11.30am AEST

Posted on December 17, 2021 by Gene Tunny

While Australian economic policy makers are forecasting a growing economy with moderate inflation, policy makers elsewhere are concerned about accelerating inflation. In the federal budget update released yesterday, the Treasury has forecast a growing economy with inflation within the RBA’s … Continue reading →

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Livestream featuring US jobless claims, Aussie GDP + farewell to Tony Makin

Posted on December 3, 2021 by Gene Tunny

I did a livestream earlier today with my regular co-host Tim Hughes on the latest economic news of the week, including the latest US initial jobless claims confirming a strong US economy, the impact of the omicron COVID-variant on equity … Continue reading →

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Gov’t and renewables making disproportionate contributions to demand growth in Qld

Posted on December 2, 2021 by Gene Tunny

The September quarter National Accounts published by the ABS yesterday revealed that the general government sector made a disproportionate contribution to Queensland state final demand growth that quarter, suggesting a strong pick up in the hiring of public servants, contractors, … Continue reading →

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No way Qld Gov’t can cancel 17 December reopening to other states – Omicron be damned

Posted on November 30, 2021 by Gene Tunny

Fortunately, the Queensland Government gave a firm commitment to reopen the state to interstate visitors on 17 December, and I doubt the Omicron variant will force the Government to cancel that reopening. It would wreck the government politically, just as … Continue reading →

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

Qld reopening proceeding despite state gov’t generating confusion about entry requirements

Posted on November 24, 2021 by Gene Tunny

Queensland tourism operators would have breathed sighs of relief yesterday after it emerged interstate travellers could rely on PCR tests paid for by Medicare to enter the state. This came after some confusion and anxiety generated by the state government … Continue reading →

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PM calls jobs boom, RBA warns of crypto crash, and UK inflation highest in 10 years – upcoming livestream

Posted on November 19, 2021 by Gene Tunny

As I’ve been covering on QEW and will discuss on today’s livestream (link above), there’s a lot of exuberance and optimism about the great Aussie reopening, and PM Scott Morrison has forecast a “jobs boom” based on healthy job vacancies … Continue reading →

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ABS reveals big impact of lockdowns on retail trade + today’s livestream link

Posted on November 5, 2021 by Gene Tunny

Let’s hope the Queensland Government doesn’t impose a lockdown in response to the new cases coming out of Goondiwindi, as the ABS’s estimates of retail turnover for September quarter show us once more the large adverse impact that lockdowns have … Continue reading →

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Weekly wrap up – Aussie reopening, Kiwi inflation, oil and petrol prices, and Bitcoin news

Posted on October 23, 2021 by Gene Tunny

My latest Friday livestream covered: accelerating NZ inflation and the implications for interest rates of accelerating inflation in advanced economies more broadly; the great Australian reopening and booming job vacancies (i.e. as noted by the National Skills Commission “Nationally job … Continue reading →

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