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Recent Posts
- Qld retail inquiry – industry demands greater consumer choice and removal of inconsistencies
- Livestream on US inflation, Aussie jobs data, and Qld’s low vax rate
- Good sign the Great COVID Panic will end in Qld soon
- COP26 chat with Grattan’s Tony Wood – climate change, renewables, nuclear, and coal
- Hospital funding fight the latest illustration of the big problem with vertical fiscal imbalance in our federation
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Qld retail inquiry - industry demands greater consumer choice and removal of inconsistencies
- Top twenty largest cities and towns in Queensland by population
- Qld population growth and interstate migration gains in perspective
- Lockdown CBA podcast discussion with Prof. Douglas Allen of Simon Fraser University
- Livestream on US inflation, Aussie jobs data, and Qld's low vax rate
- Bulk of coal mining jobs in Central Qld, but Brisbane has 2-3K
- Is Townsville or Cairns the capital of North Qld?
- Upcoming Major Projects Forum in Rockhampton on 28 October 2021
- Cross River Rail cost blowout means project doesn’t stack up
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Blogroll
Tag Archives: debt
RBA would be right to taper its Quantitative Easing program
There’s a nice article by William McInnes in today’s Financial Review, Economists expect RBA to ease stimulus, which begins: Economists expect Tuesday’s Reserve Bank board meeting to acknowledge the economy’s surprisingly strong recovery and to signal some tapering of its … Continue reading
Posted in Macroeconomy
Tagged abs, bonds, corelogic, debt, houseprices, inflation, monetarypolicy, propertyprices, qe, quantitativeeasing, rba
2 Comments
Qld Treasurer gives a master class in budget shenanigans
Queensland Treasurer Cameron Dick has soared to previously unattained heights of state budget creative accounting, and I must admit I’m rather impressed by the cleverness of it all, while at the same time being appalled the Treasury would let him … Continue reading
Interview with 4BC’s Scott Emerson on the federal budget
This afternoon, on his 4BC Drive program, former Queensland Government Transport Minister Scott Emerson and I shared our astonishment regarding the Morrison Government’s Go for Growth, Keynesian federal budget which Treasurer Josh Frydenberg handed down last night. You can listen … Continue reading
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
Posted in Budget
Tagged 612abcbrisbane, abc, auditorgeneral, budget, coronavirus, covid-19, debt, deficits, qao, qld, superannuation
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Role of Treasury in economic policy conversation with Paul Tilley – latest Economics Explored episode
When I spoke with Scott Emerson on his 4BC Drive program last Thursday, I mentioned the federal Treasury would be currently working on options to extend JobKeeper in some form to tourism-dependent businesses. The Treasury has been prominent in developing … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, bonds, centralbank, debt, economicpolicy, economics, government, mint, treasury, uk, usa
1 Comment
Fiscal Stimulus with Fabrizio Carmignani – my latest Economics Explored podcast episode
Fiscal stimulus is very topical worldwide, with the new US President Joe Biden proposing a US$1.9 trillion COVID relief and stimulus package. And, in Australia, there is a debate occurring over how to support the tourism sector once JobKeeper finishes … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, cashhandouts, debt, debttogdp, deficits, fiscalpolicy, fiscalstimulus, inflation, jobkeeper, macroeconomicpolicy, macroeconomics, mmt, modernmonetarytheory, multiplier, ruddmoney, stimulus, surpluses, usa
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Brisbane Lockdown 2.0 – the sequel no one wanted
To keep Queenslanders safe, our state government has decided to lock down the over2 million residents of Greater Brisbane for the next three days, but its sudden, unexpected announcement at 8am sparked immediate panic buying in our supermarkets, and an … Continue reading
Posted in Brisbane, Budget, Macroeconomy, Queensland Government
Tagged brisbane, coronavirus, covid, debt, greaterbrisbane, incomecontingentloan, jobkeeper, lockdown, mutantcovid, qldeconomy, qldgovernment, socialcontract, ukmutantstrain, uq
4 Comments
COVID compared with wartime economic impacts – my latest podcast episode
The latest episode of my Economics Explored podcast features a conversation on whether COVID can be compared to wartime. The episode considers the different scales and scopes of the shocks, and what it all means for prospects for economic recovery. In … Continue reading
Posted in Labour market, Macroeconomy
Tagged australia, bankofengland, coronavirus, covid, covid-19, debt, fed, gdp, money, production, rba, stimulus, unemployment, usa, wartime, worldwar2, ww2
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Qld Budget doesn’t tell the full story on government’s borrowing costs
State Treasurer Cameron Dick, who handed down the 2020-21 Queensland Budget earlier this week, has impressed me with his chutzpah, demonstrated, for example, by this audacious statement in his Budget speech (on p. 38): Not only are our interest costs … Continue reading
Posted in Budget
Tagged borrowings, debt, interestcost, interestincome, qic, qldbudget, qtc
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