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Recent Posts
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- Interest Rates, Australia’s 3 Biggest Challenges, Global Fertility Crash, & the Tobin Tax Debate w/ John Humphreys, Australian Taxpayers’ Alliance
- Australia’s Productivity Problem: Can It Be Fixed? w/ John Humphreys, Australian Taxpayers’ Alliance
- Big Budget Challenge for New Qld Treasurer
Top Posts & Pages
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- How important is the return of leased out assets in 99 years time in a cost-benefit analysis?
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- Qld Treasury right that paying down State debt is a huge challenge
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
- Qld Govt benefits from volatile jobs data - still vulnerable over bulk of jobs growth being part-time over first term
- Big year for Econ Society in Qld - the Governor returns & national conference in July
- Comment in Courier-Mail on volatile Qld jobs data
- Driverless cars and congestion charging up for discussion at IAQ Qld Infrastructure Summit 2016
- Fiscal Stimulus with Fabrizio Carmignani - my latest Economics Explored podcast episode
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Blogroll
Tag Archives: australia
Six houses, alike in dignity… not much else – guest post by Brendan Markey-Towler
This guest post by my good friend and fellow Queensland economist Dr Brendan Markey-Towler makes some excellent points regarding Queensland’s economic recovery from the COVID-recession – e.g. consumption spending has been goosed up by government benefits and, apart from in … Continue reading
Posted in Macroeconomy
Tagged australia, businessinvestment, coronavirus, covid-19, economy, federation, housing, jobkeeper, jobseeker, nsw, qld, victoria, wa
2 Comments
Unpacking the retail goods spending spree in 2020
Today’s Sunday Mail includes a good article by Jane Armitstead on The best-selling lockdown products we had to have: When the global pandemic hit, Queenslanders turned their focus to their homes and gardens with a boom in DIY projects. Homewares … Continue reading
Posted in Retail trade
Tagged australia, bunnings, ikea, qld, queensland, retailtrade, retailturnover
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Big test ahead for economy & will we regret all the lockdowns?
The latest retail trade figures from the ABS illustrate the challenge the Australian economy faces over the next few months with JobKeeper and the JobSeeker Coronavirus Supplement ending soon. Household disposable incomes have been boosted by all the generous assistance … Continue reading
Posted in Macroeconomy, Retail trade
Tagged australia, chiefhealthofficer, coronarvirus, covid-19, economicsexplored, jobkeeper, jobseeker, lockdowns, qld, queensland, retailtrade, schools
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Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus
Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading
Posted in Cairns, Macroeconomy
Tagged australia, brisbane, cairns, coronavirus, covid-19, flights, jobkeeper, planekeeper, qld, queensland
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Role of Treasury in economic policy conversation with Paul Tilley – latest Economics Explored episode
When I spoke with Scott Emerson on his 4BC Drive program last Thursday, I mentioned the federal Treasury would be currently working on options to extend JobKeeper in some form to tourism-dependent businesses. The Treasury has been prominent in developing … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, bonds, centralbank, debt, economicpolicy, economics, government, mint, treasury, uk, usa
1 Comment
Qld Premier highlights my JobKeeper comments in Instagram post
Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading
Posted in Cairns, Macroeconomy
Tagged australia, aviation, cairns, coronavirus, covid-19, depression, hospitality, inqld, jobkeeper, qld, queensland, tourism
2 Comments
Recovery has been better than expected (especially in Qld), but let’s see what happens when JobKeeper ends
Whoever looks after the Queensland Premier’s Instagram account is a social media grandmaster (e.g. see the post below). The regular reminders of the imminent end of JobKeeper on 28 March are contributing to pressure on the federal government to implement … Continue reading
Posted in Macroeconomy
Tagged abs, australia, buildingindustry, cairns, covid-19, gdp, jobkeeper, qld, qldeconomy, statefinaldemand
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Interest rates and inflation with Michael Knox, Chief Economist of Morgans
Jonathan Shapiro has an interesting article in the Financial Review, Why the market has suddenly woken up to inflation, in which he writes: …the lower-for-longer [interest rates] doubters are re-emerging. They believe deliberately slow-to-act central banks in the US and … Continue reading
Posted in Macroeconomy
Tagged australia, bearmarket, bonds, fed, inflation, interestrates, monetarypolicy, qe, quantitativeeasing, rba, usa
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‘Hollywood Australia’ supported by generous tax credits and other government subsidies
The Australian is reporting ‘Hollywood Australia’ a $1.5bn movie blockbuster extravaganza, covering the surge in international film productions such as Thor: Love and Thunder filming in Australia. This is partly related to Australia’s success in managing COVID and also to … Continue reading
Posted in Industry policy, Tax
Tagged australia, corporatewelfare, cronycapitalism, economics, filmindustry, foxstudios, government, hollywood, industryassistance, louisiana, subsidies, taxcredits, usa, villageroadshow
2 Comments
Fiscal Stimulus with Fabrizio Carmignani – my latest Economics Explored podcast episode
Fiscal stimulus is very topical worldwide, with the new US President Joe Biden proposing a US$1.9 trillion COVID relief and stimulus package. And, in Australia, there is a debate occurring over how to support the tourism sector once JobKeeper finishes … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, cashhandouts, debt, debttogdp, deficits, fiscalpolicy, fiscalstimulus, inflation, jobkeeper, macroeconomicpolicy, macroeconomics, mmt, modernmonetarytheory, multiplier, ruddmoney, stimulus, surpluses, usa
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