Tag Archives: china

Senator Canavan explains why he opposes Net Zero by 2050 in my latest Economics Explored episode

In Episode 111 of my Economics Explored podcast, Queensland Senator Matt Canavan explains why he opposes the Net Zero greenhouse gas emissions by 2050 objective. We have a wide-ranging conversation covering COP26, nuclear energy, hydrogen, China, the US political situation (particularly … Continue reading

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COP26 chat with Grattan’s Tony Wood – climate change, renewables, nuclear, and coal

In Economics Explored Episode 108, leading Australian energy and climate change policy expert Tony Wood from the Grattan Institute explains what COP26, the 2021 climate change conference in Glasgow, is all about and why it’s important. Tony discusses what “Net Zero … Continue reading

Posted in Climate change, Energy, Mining | Tagged , , , , , , , , , | 4 Comments

Bulk of coal mining jobs in Central Qld, but Brisbane has 2-3K

Last Wednesday, I was pleased to note that the Chinese ban on Australian thermal coal appears to have had little impact so far (check out Pick up in thermal coal prices over last month). This is good news especially for … Continue reading

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Where Queensland’s coal exports go

In my post last Tuesday, PM puts China’s Aussie thermal coal ban in perspective, I noted how China’s Aussie coal ban would be much more concerning if it also applied to coking coal, which is more valuable per tonne and … Continue reading

Posted in China, Mining | Tagged , , , , , , , , , , | 2 Comments

PM puts China’s Aussie thermal coal ban in perspective, but $100M+ annual loss to Qld state budget possible

Prime Minister Scott Morrison did a good job yesterday at putting China’s reported ban on Australian thermal coal into perspective, pointing out Japan is our largest customer for thermal coal, and it takes twice the amount of thermal coal as … Continue reading

Posted in China, Mining | Tagged , , , , , , , , | 4 Comments

Coal price crash is bad news for the state budget and future capital investment

Last Friday, John McCarthy at In Queensland reported Budget impacts loom as coal prices plunge to four year lows. Yes, recent falls in the coking coal price to around $US100/t for coking coal must be causing anxiety in Queensland Treasury, … Continue reading

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Qld economy in big trouble if China follows through with trade threat

Australian investors appear remarkably optimistic about the prospects for patching up our relationship with China given that, as the Financial Review reported yesterday, ASX up 4.4pc in US election, QE week. I can understand why a new round of Quantitative … Continue reading

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Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading

Posted in Budget, China, Floods, Macroeconomy, Mining, Retail trade | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

COVID-19, machine trading & financial markets with Michael Knox – Economics Explained EP27

Why are financial markets swinging so wildly in response to the novel coronavirus, COVID-19? Yesterday I spoke with Michael Knox, Chief Economist of Morgans, who thinks it’s related to the machine trading programs which dominate financial markets. Today, I’ve published … Continue reading

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Coronavirus update – next two weeks will be critical in determining impacts

It looks like political leaders are finally recognising the urgency of responding to coronavirus, with President Trump declaring a national emergency in the US and Australia cancelling mass gatherings. It’s about time. This is a huge public health threat with … Continue reading

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