Tag Archives: australia

Imperative to avoid bad policy measures like super increase which would set back recovery

Posted on August 24, 2020 by Gene Tunny

Prime Minister Scott Morrison is right to consider delaying the legislated increase in the 9.5% superannuation guarantee rate, which is scheduled to start increasing by half a percentage point each year from 1 July 2021 until it gets to 12%. … Continue reading →

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

Chief Medical Officers should make their value judgements clear and Premiers shouldn’t just defer to them

Posted on August 14, 2020 by Gene Tunny

The Australian Institute for Progress ran an excellent webinar last night, on the economic response to the pandemic, featuring prominent Australian businesswoman and former ACT Chief Minister Kate Carnell and Griffith University Economics Professor Tony Makin. It’s certainly a good … Continue reading →

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

The Deficit Myth and Modern Monetary Theory – latest podcast episode

Posted on August 13, 2020 by Gene Tunny

I’ve recorded some thoughts on Stephanie Kelton’s best-selling book The Deficit Myth which is popularising so-called Modern Monetary Theory: The Deficit Myth and Modern Monetary Theory – initial views In my recorded conversation with my Adept Economics colleague Ben Scott, … Continue reading →

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

Catch up on COVID-19 with Joe Branigan

Posted on August 5, 2020 by Gene Tunny

I fear that the draconian stage 4 restrictions in Victoria and Queensland’s re-imposition of the hard border with NSW are over-the-top, disproportionate policy responses that will cause unwarranted economic and social harm, both short and long-term. Earlier today, I chatted … Continue reading →

Posted in Macroeconomy, Queensland Government, Tourism | Tagged , , , , , , , , , , , , , | Leave a comment

Economic Update – US GDP, Gold, and Aussie jobs & CPI

Posted on August 1, 2020 by Gene Tunny

In my latest video, I review the economic news of the past week, including US GDP, the record high gold price, and Australian jobs and CPI data in this time of the COVID-19 second wave. Incidentally, I highly recommended you … Continue reading →

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

GST & Vertical Fiscal Imbalance video

Posted on July 26, 2020 by Gene Tunny

The Update on Queensland’s fiscal position media release from state Treasurer Cameron Dick last Thursday noted “over the 2019-20 and 2020-21 financial years, GST receipts to Queensland will be cut by up to $2.5 billion compared to our MYFER [Mid … Continue reading →

Posted in Budget, Tax | Tagged , , , , , | Leave a comment

Qld’s regional economies & COVID-19 – video chat with Pete Faulkner

Posted on July 22, 2020 by Gene Tunny

Earlier today I chatted with Pete Faulkner from Far-North-Queensland-based Conus Business Consultancy Services regarding how Queensland’s regional economies have been impacted by COVID-19. Check out the recording of our Zoom conversation below. You can download the slides we chatted about … Continue reading →

Posted in Brisbane, Cairns, Labour market, Mackay, Macroeconomy, Migration, Mining, North Queensland, Population, Tourism, Townsville, Uncategorized, Wide Bay-Burnett | Tagged , , , , , , , , , , , , , , , | Leave a comment

Australia’s upcoming mini-Budget

Posted on July 20, 2020 by Gene Tunny

Australian Treasurer Josh Frydenberg will hand down a mini-Budget this Thursday, and it’s coming just in time, given the growing concern over the spread of COVID-19 in Victoria and NSW. I recorded a video earlier today with some thoughts on … Continue reading →

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

Hollywood grabbing excessive film industry support

Posted on July 18, 2020 by Gene Tunny

The Brisbane Times, in its article Film industry calls for more local support after Hollywood incentive,  is reporting there is some dissatisfaction with the newly announced $400 million of federal government incentives to attract international film and TV productions: Australian … Continue reading →

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

Suppression preferred over more costly elimination strategy say Ergas & Branigan

Posted on July 17, 2020 by Gene Tunny

Henry Ergas and Joe Branigan have just had a new paper published by the Menzies Research Centre, COVID19: Getting Australia Safely Back to Work. Yesterday I interviewed Joe about the paper and you can hear our conversation using the player … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , | 4 Comments