Tag Archives: australia

Unemployment and state budgets update

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

Will the Brisbane Olympics stack up? The Federal Parliamentary Library investigates

The latest federal budget refers to “$22.5 million for the Brisbane Olympic and Paralympic Games 2032 – Business Case Development”. It’s a shame that we didn’t spend some of that money prior to deciding to bid for the Games, to … Continue reading

Posted in Queensland Government | Tagged , , , , | 1 Comment

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

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

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

Housing lending remains at super high levels

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

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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UBI podcast chat w/ Ben Phillips, ANU Associate Professor and microsimulation modeller

My latest podcast episode features a conversation about the pros and cons of a Universal Basic Income (UBI) with my old UQ economics classmate Ben Phillips, now an Associate Professor at the ANU. Ben is one of Australia’s leading modellers … Continue reading

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

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

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

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