Tag Archives: coronavirus

COVID-19 rescue package chat with CCIQ Chief Economist Marcus Smith

Posted on March 22, 2020 by Gene Tunny

In both its scale and scope, the COVID-19 rescue package announced by the Prime Minister and Treasurer this morning is stunning. I spoke with CCIQ Chief Economist Marcus Smith earlier this afternoon regarding what he thinks about the package, and … Continue reading →

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

Posted on March 19, 2020 by Gene Tunny

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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COVID-19 update – UBI and “un-Australian” grocery stockpiling

Posted on March 18, 2020 by Gene Tunny

US progressive pundits such as Ana Kasparian and Kim Iversen are stunned the Trump administration is considering a temporary Universal Basic Income (UBI) as a response to the COVID-19 crisis (e.g. check out Ana REACTS to Trump giving Universal Basic … Continue reading →

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COVID-19 & UBI chat on ABC Brisbane radio with Katherine Feeney

Posted on March 17, 2020 by Gene Tunny

I had an interesting conversation this afternoon with 612 ABC Brisbane’s Katherine Feeney about coronavirus and whether Universal Basic Income (UBI) might help people get through coronavirus-induced financial difficulties (from 1.55:20): 612 ABC Brisbane Afternoons with Katherine Feeney, 17 March … Continue reading →

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COVID-19 conversation with Joe Branigan of Tulipwood Economics

Posted on March 16, 2020 by Gene Tunny

In the last few hours, I’ve recorded a discussion with my good friend and former Australian Treasury colleague Joe Branigan, Director of Tulipwood Economics, on the novel coronavirus, COVID-19. We chatted about the potential economic impact of coronavirus, which is … Continue reading →

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Best coronavirus response advice offered by Austan Goolsbee & Dr Norman Swan

Posted on March 15, 2020 by Gene Tunny

The best economic advice I’ve heard during the coronavirus threat is that offered by Austan Goolsbee, former Council of Economic Advisers Chair under President Obama. In a recent NPR Planet Money podcast Medicine for the Economy, which is compulsory listening, … Continue reading →

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

Posted on March 14, 2020 by Gene Tunny

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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Coronavirus, oil, and President Trump

Posted on March 10, 2020 by Gene Tunny

Human psychology can influence financial markets in very weird ways, and such was the case on Monday, which was Wall Street’s worst day since December 2008. The sharp fall in equity markets around the world including here in Australia (see … Continue reading →

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Coronavirus conversation with former Qld Gov’t biologist & Treasury official Paul McFadyen

Posted on March 6, 2020 by Gene Tunny

Yesterday I spoke with my good friend Paul McFadyen, a now-retired former Queensland Government biologist and Treasury official, about coronavirus and how governments should respond to it and crises more broadly. In our conversation, Paul recalled his experience during the … Continue reading →

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Coronavirus catch up with CCIQ

Posted on March 2, 2020 by Gene Tunny

I dropped into the head office of CCIQ on Wickham Terrace today for an update on coronavirus and for a briefing on the December quarter Pulse survey results. Once again, I spoke with CCIQ Senior Policy Officer Gus Mandigora and … Continue reading →

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