Tag Archives: australia

Housing lending remains at super high levels

Posted on March 1, 2022 by Gene Tunny

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

Posted on February 17, 2022 by Gene Tunny

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

Posted on February 12, 2022 by Gene Tunny

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

Posted on January 26, 2022 by Gene Tunny

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

Posted on January 21, 2022 by Gene Tunny

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

Posted on January 15, 2022 by Gene Tunny

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

Posted on January 10, 2022 by Gene Tunny

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

Qld Economic Outlook for 2022

Posted on January 6, 2022 by Gene Tunny

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

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

Posted on December 11, 2021 by Gene Tunny

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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