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

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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

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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

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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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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

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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

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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

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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

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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

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Qld Budget interview on 4BC with Scott Emerson

I was pleased to speak with 4BC Drive host Scott Emerson yesterday about the 2020-21 Queensland Budget. Among other issues, Scott and I chatted about the Government’s abandonment or, more charitably, nuancing of its fiscal principle around keeping public service … Continue reading

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