Tag Archives: covid-19

Our slow slide into totalitarianism

As Brisbane residents wait for news about what seems to be an inevitable lockdown, we ought to recall the words of British statesman William Pitt the Younger (1759-1806): Necessity is the plea for every infringement of human freedom. It is … Continue reading

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The downside of Australia’s isolation strategy

To political leaders, it often seems easier and less risky to stick with current restrictions, and a lesson from history is that government restrictions often last much longer than is justifiable. Hence, four years after the end of the War, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | 4 Comments

Lockdown CBA podcast discussion with Prof. Douglas Allen of Simon Fraser University

If you’ve seen any of Alan Jones’s recent commentary on Sky Australia you may have heard him talk about a recent cost-benefit analysis (CBA) of Canada’s COVID lockdown. Episode 90 of my Economics Explored podcast features a discussion regarding COVID lockdown costs versus … Continue reading

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Online retail falling away from 2020 highs

The big news on the Australian sharemarket yesterday was the 14% drop in the Kogan share price after a market update revealed a drop in earnings for the online retailer (see chart below). This probably should not have been such … Continue reading

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More action, less talk needed on vaccines

Business people know meetings can crowd out action and, hence, meetings should be minimised to only those absolutely necessary and they should be action-focussed (e.g. short and sharp Scrum meetings of the team members directly involved in a project, meaning … Continue reading

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Six houses, alike in dignity… not much else – guest post by Brendan Markey-Towler

This guest post by my good friend and fellow Queensland economist Dr Brendan Markey-Towler makes some excellent points regarding Queensland’s economic recovery from the COVID-recession – e.g. consumption spending has been goosed up by government benefits and, apart from in … Continue reading

Posted in Macroeconomy | Tagged , , , , , , , , , , , , | 2 Comments

Another costly unnecessary lockdown for Brisbane

It’s obvious now we were lulled into a false sense of security several weeks ago by Queensland CHO Jeannette Young when she said future lockdowns were unlikely. Our CHO has panicked once again, caused the Premier a sleepless night, and … Continue reading

Posted in Macroeconomy | Tagged , , , | 5 Comments

Big test ahead for economy & will we regret all the lockdowns?

The latest retail trade figures from the ABS illustrate the challenge the Australian economy faces over the next few months with JobKeeper and the JobSeeker Coronavirus Supplement ending soon. Household disposable incomes have been boosted by all the generous assistance … Continue reading

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Qld state finances chat with ABC’s Steve Austin & QEAS’s Nick Behrens

Fellow Queensland economist Nick Behrens and I sat down with 612 ABC Brisbane’s Steve Austin to chat about the latest report from the Auditor-General on Queensland’s state finances. Of course, COVID is the big story since March last year, but, … Continue reading

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Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus

Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading

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