Tag Archives: coal

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

Climate change with Nicki Hutley from Deloitte Access Economics – my latest podcast episode

In an Australian ABC News story in early February, Deloitte Access Economics Partner Nicki Hutley referred to the potential cost of climate change as “astronomical”. In my latest podcast episode,  I chat with Nicki about the cost of action compared with the cost … Continue reading

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Coronavirus and the Qld economy

Despite all the bad news on coronavirus, the RBA Board, which left the cash rate unchanged yesterday, and financial markets, which are currently rallying, seem pretty relaxed about the potential economic impacts of the virus. While equity prices are lower … Continue reading

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China’s demographic future could be even worse than currently projected

China is a major influence on the Queensland economy given the large value of our coal exports, so we should be paying close attention to how China’s poor demographics will affect its future economic growth. China’s unbalanced population, with lots … Continue reading

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Australia’s (and Qld’s) climate change policy predicament

Yesterday, the Financial Times published a blistering op-ed by its Chief Foreign Affairs Commentator Gideon Rachman: Australia is no longer the lucky country (NB pay-walled). It is one of the best summaries of Australia’s current predicament over climate change I’ve … Continue reading

Posted in Climate change, Mining, Uncategorized | Tagged , , , , , , , , , | 7 Comments

Big economic issues for the 2020s

In my latest Economics Explained episode Big economic issues for the 2020s, I discuss the major economic issues I’ve been thinking about lately: the secular stagnation hypothesis, digital disruption and surveillance capitalism, and climate change. Use these timestamps to jump … Continue reading

Posted in Climate change, Macroeconomy, Productivity, Uncategorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment

My Weekend Australian comments on Qld Future Fund

The mid-year Queensland budget update Deputy Premier-Treasurer Jackie Trad released on Thursday was one of the most interesting in a long time, and I was called on a few times for media commentary. For instance, I’m quoted in the Weekend … Continue reading

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Sluggish economy & lower coal prices could put Qld gov’t in operating deficit

The mid-year budget update from the Queensland Government later this month will no doubt contain economic and fiscal forecasts with substantial downward revisions, owing to a weaker national economy and lower coal prices. The state budget forecast a hard coking … Continue reading

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The deteriorating global outlook & Qld’s mining regions – initial thoughts

Each passing week I’m becoming more concerned about the global economic outlook and what it means for us here in Queensland, given that the strength of our resources sector is closely related to the strength of the global economy. My … Continue reading

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Qld Budget interviews with ABC’s Steve Austin & 4BC’s Ross Greenwood

While chatting with 612 ABC Brisbane’s Steve Austin and fellow interviewee Nick Behrens this afternoon, I almost chuckled when Steve asked me whether this Queensland state budget, in which total debt is projected to head toward $90 billion by 2022-23, … Continue reading

Posted in Budget, Queensland Government, Uncategorized | Tagged , , , , , , | 2 Comments