Tag Archives: coal

Decarbonising the Economy – my latest podcast episode

The latest episode of my Economics Explored podcast is on the topic of decarbonising the economy. My monologue is based on a talk I gave last Tuesday to the First Tuesday Club forum hosted by the Brisbane Dialogues group at … Continue reading

Posted in Energy, Environment, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 4 Comments

Qld exports were $21bn lower in 2020 due largely to lower coal and LNG prices

At the launch of the Queensland Premier’s Export Awards in May 2019 at the Tower of Power, 1 William St, I spoke about how Queensland’s exports had soared to record levels over the previous few years, largely as a result … Continue reading

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Pick up in thermal coal prices over last month

Unlike in WA where iron ore is the major commodity, in Queensland it’s coal that’s the big deal, and we should be thankful the Chinese ban on Aussie thermal coal doesn’t appear to have been that effective, as evidenced by … 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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Bold claim from Qld Treasurer: more Queenslanders working now than pre-COVID restrictions

Queensland Treasurer Cameron Dick has made a bold claim, which I disagree with, that more Queenslanders are working now than were working pre-COVID. The Treasurer’s claim is based on the October Labour Force data published by the ABS on Thursday, … 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

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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