Tag Archives: australia

ABC radio interview on 2019 Budget – why Laurie Oakes is to blame for tight security

I had an enjoyable chat with Craig Zonca and Loretta Ryan on 612 ABC Brisbane this morning regarding the upcoming federal budget, particularly regarding security around the budget. You can hear me from around 48 minutes, 28 seconds into the … Continue reading

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Bad economic news keeps coming – declining job vacancies & inverted US yield curve

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading

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

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

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Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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Is it nonsense to talk about a “GDP per capita recession”?

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading

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Grattan 2019 Budget panel discussion I’m participating in at Qld State Library

I’m really pleased to have been invited to be one of the panelists in the Grattan Institute’s upcoming panel discussion on the 2019 federal budget on the evening of Tuesday 9 April, one week after the budget, at the Queensland … Continue reading

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QEW week that was video – coal, negative gearing & the economic outlook

Posts from me and other commentators mentioned or alluded to in this video include: Housing industry round table with Treasurer Frydenberg at Parliament House Latest Qld wages growth and Qld labour market summary from Nick Behrens WTF happened to BNE-CNS? … Continue reading

Posted in Cairns, China, Climate change, Housing, Uncategorized | Tagged , , , , , , , , , , , , , , | 1 Comment