Tag Archives: australia

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

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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US libertarian public finance expert Dan Mitchell slams the “global tax cartel” Australia has joined

Last year, Australia signed up to the OECD-led push for a global minimum corporate tax rate of 15%, a measure designed to reduce the profit-shifting to low-tax countries which occurs and disadvantages higher corporate tax rate countries such as Australia, … Continue reading

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

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

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Qld Economic Outlook for 2022

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

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

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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Was COP26 just a talkfest? Latest podcast episode with Scott Hook, a former COP adviser for Pacific nations

I caught up with my colleague Scott Hook recently to review the outcomes, or arguably lack of outcomes, of the COP26 climate change summit which was held in Glasgow last month (see Economics Explored episode 117). Scott has previously attended … Continue reading

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

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

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

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

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

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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