Tag Archives: china

Qld employment growth is great news, but it is still not strong from historical perspective

Wisely, Queensland Treasurer Curtis Pitt did not get too excited over yesterday’s employment numbers, which were surprisingly strong at a national level, with the Treasurer noting, regarding the State unemployment rate, “While it’s welcome news that the seasonally adjusted unemployment … Continue reading

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Great presentation by HSBC’s Paul Bloxham on the economic outlook to ESA Qld

In Brisbane today, HSBC’s Chief Economist (Australia & NZ) Paul Bloxham gave a terrific presentation on the economic outlook to the Queensland branch of the Economic Society of Australia, of which I am the Secretary. You can download his slides, … Continue reading

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Qld regions have been struggling and not just the mining ones

Townsville Mayor Jenny Hill’s alleged lack of success in bringing new infrastructure projects to the city may become a major issue in the mayoral election in March next year, based on a report in today’s Townsville Bulletin. The Mayor may … Continue reading

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Australian Perspective: 2016 and beyond – keynote presentation to CPA Congress, Brisbane

I was delighted to give the opening keynote presentation at the Brisbane CPA Congress at the Brisbane Convention & Exhibition Centre this morning. My presentation slides (which I’ve slightly modified with additional headings and source information) are available to download: … Continue reading

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Interview on Turnbull Cabinet on 612 ABC Brisbane

Yesterday afternoon, Emma Griffiths from 612 ABC Brisbane interviewed me regarding PM Malcolm Turnbull’s Cabinet and what it means for the economy: The future of business under Turnbull I told Emma that it appears business is very optimistic about the … Continue reading

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Right diagnosis from Qld Treasury on Qld’s debt problem, but wrong prescription

The Review of State Finances (see p. 80) produced by Queensland Treasury to inform the 2015-16 Budget is clear that Queensland Government “debt is too high.” The Treasury acknowledges that the State’s balance sheet is not “in a position to … Continue reading

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Undoubtedly China crash bigger risk to Australia than Grexit

The news.com.au finance reporter Frank Chung is right to note the risks to Australia from a possible crash in China are much greater than the risks from the Greek crisis (see Chinese chaos worse than Greece). We are much more … Continue reading

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Budget measures insufficient to avoid risk of permanent deficits

Tonight’s Federal Budget will be very disappointing, as the expected measures do not go anywhere near enough to reducing the risk that Australia will end up in a state of permanent deficit, as I’ve previously suggested it would if we … Continue reading

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On the End of Cheap China

At the Venetian Macao earlier this week One of the best guides to the huge economic transformation that has taken place in China in recent decades is Shaun Rein’s The End of Cheap China. I’d agree with commentators who say … Continue reading

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Queensland’s top five customers – China has taken top spot from Japan in recent years

Earlier this month, the Queensland Government Statistician’s Office released a useful set of trade reports on Queensland’s trade with international economies. In our merchandise exports data (see chart below), it’s not surprising to see the importance of China, which has … Continue reading

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