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Recent Posts
- What is the fiscal impulse from the Australian Budget?
- Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May
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- White Elephant Stampede – podcast chat w/ Scott Prasser
- Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
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- What is the fiscal impulse from the Australian Budget?
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- Great map from OESR showing CSG wells in Surat Basin
- Pick up in thermal coal prices over last month
- Size and structure of the Qld economy: today vs 1939-40 using Colin Clark’s estimates
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Tag Archives: budget
What is the fiscal impulse from the Australian Budget?
The Australian Government is moving in the right direction, but not fast enough, with fiscal policy if it wants to fight inflation. It appears too reliant on the expected cessation of pandemic-related stimulated measures to support its claim that the … Continue reading
Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May
The big economic question for 2023 is how much the Australian economy will slow down in response to interest rate increases, regarding which we should expect more to come. Queensland’s economy will benefit from a high-performing mining sector, but there’s … Continue reading
Posted in Uncategorized
Tagged abs, budget, capex, jobs, qld, queensland, retail, tourism, vacancies
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White Elephant Stampede – podcast chat w/ Scott Prasser
Queensland has had more than its fair share of white elephant projects, including the Toowooomba Wellcamp quarantine facility and the Gold Coast desalination plant. The economics and politics of white elephants are considered in a new book from Connor Court … Continue reading
Posted in Infrastructure
Tagged budget, economics, government, infrastructure, qld, qldtreasury
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Economic update: interest rates, monetary policy, fiscal policy, and coal prices
The election debate would benefit from a clear understanding of the factors affecting interest rates, now that the RBA has increased the cash rate from the “emergency level” of 0.1%, practically the lowest it could go, to the still extraordinarily … Continue reading
Posted in Macroeconomy
Tagged australia, budget, fed, fiscalpolicy, inflation, interestrates, monetarypolicy, moneysupply, qld, queensland, rba
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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 abs, australia, budget, qld, queensland, unemployment
2 Comments
Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
This post is an early draft of an article I’m preparing for a public finance or public policy journal about the Queensland Government’s accounting trickery regarding the Titles Registry last year. The state government has violated some well-established principles for … Continue reading
Posted in Budget, Queensland Government
Tagged balancesheet, budget, debt, netdebt, privatisation, qld, titlesregistry
6 Comments
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
Posted in Labour market, Macroeconomy, Mining
Tagged abs, australia, budget, coal, covid-19, jobs, qld, queensland, unemployment
2 Comments
Coal the dirty secret behind Qld budget improvement
The super high coal price is the main reason Queensland Treasurer Cameron Dick will report a much improved state budget balance this week. However, yesterday the Brisbane Times reported: Mr Dick said the silver lining of the pandemic was an … Continue reading
Good sign the Great COVID Panic will end in Qld soon
A few weeks ago I observed that it took the NRL Grand Final for the Queensland Government to adopt a more rational approach to the pandemic, and now, thankfully, there are further signs of rationality from the Government, with the … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, budget, coronavirus, covid-19, jobs, lockdowns, money, qld, queensland, tourism, unemployment
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Queensland Economy Watch 