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Tag Archives: debt
State gov’t economic responses to COVID-19 podcast episode
In my latest podcast episode, I elaborate on my opening remarks to the Queensland Parliamentary Inquiry on the state government’s economic response to COVID-19 on Monday. Among other things, I mention Joe Branigan and Henry Ergas’s new Menzies Research Centre … Continue reading
Posted in Budget, Infrastructure, Macroeconomy, Uncategorized
Tagged budget, cba, coronavirus, costbenefitanalysis, covid-19, debt, deficits, economics, finance, fiscalpolicy, infrastructure, smallbusiness
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Opening remarks to Qld Parliamentary Inquiry on economic response to COVID-19
Yesterday I was part of a panel of economic experts consulted by the Queensland Parliamentary Inquiry into the state government’s economic response to COVID-19. The notes I used for my opening remarks are reproduced below. The proceedings were broadcast via … Continue reading
Posted in Budget, Health, Macroeconomy, Queensland Government
Tagged austerity, budget, cba, coronavirus, covid-19, debt, economics, fiscalpolicy, publichealth, regulation
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Australian coverage of my upcoming Qld Parliamentary Inquiry appearance
Thanks to Sarah Elks for her story in The Australian today regarding my upcoming appearance at the Queensland Parliamentary Inquiry into the state government’s economic response to the pandemic: Coronavirus: Queensland’s small-business grants ‘are a waste of money’ First, I … Continue reading
Posted in Budget, Macroeconomy, Queensland Government, Uncategorized
Tagged australian, budget, coronavirus, covid-19, debt, qld, qldparliament, queensland
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Upcoming Qld Parliamentary COVID-19 Inquiry appearance
Next Monday I’ll be appearing, via Zoom, at a public hearing of the Queensland Parliament’s Inquiry into the Queensland Government’s economic response to COVID-19. I’m a member of a Panel of Economic Experts which also includes UQ Professor John Quiggin, … Continue reading
Posted in Industry policy, Macroeconomy, Queensland Government
Tagged budget, cciq, coronavirus, covid-19, debt, fiscalpolicy, industrypolicy, publichealth, qld, queensland, stimulus, virgin, virginaustralia
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A Fiscal Vaccine for COVID-19 with Tony Makin – new podcast episode
In my latest podcast episode, I speak with Professor Tony Makin of Griffith University about his new CIS Policy Paper A Fiscal Vaccine for COVID-19. In Tony’s words: “the paper considers the resurgence of crude Keynesianism before highlighting risks of … Continue reading
Posted in Budget
Tagged crowdingout, debt, deficit, economy, employment, fiscalpolicy, funds, government, imf, infrastructure, interest rate, keynes, keynesian, keynesianism, money, spending, stimulus, treasury
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Economic update: US jobs & Australian PBO fiscal projections
I’ve recorded a video covering the May US jobs data, which have been greeted very positively by the markets despite the data showing only a small rebound*, and the Australian Parliamentary Budget Office’s rather pessimistic projection of an additional $620 … Continue reading
Posted in Budget, Macroeconomy, Uncategorized
Tagged australia, coronavirus, covid-19, debt, employment, gdp, jobs, pbo, us
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ABC Brisbane JobKeeper bungle interview – $60bn error hugely embarrassing but actually good news
On 612 ABC Brisbane yesterday morning I mentioned to host Bec Levingston my first reaction to hearing the news about the $60 billion JobKeeper forecasting bungle was sympathy for my former Treasury colleagues. It’s hugely embarrassing, but actually good news … Continue reading
Highlights of recent coronavirus-related podcast episodes
In my latest Economics Explained podcast episode, I review some of the big issues covered in recent episodes on coronavirus. Brisbane-based businessman Tim Hughes of Urban Ergo and I react to excerpts of recent episodes and discuss the important policy … Continue reading
Posted in Health, Macroeconomy, Uncategorized
Tagged australia, bailouts, coronaimmunity, coronavirus, covid-19, covidsafe, debt, mmt, modernmonetarytheory, moneyprinting, nz, quantitytheoryofmoney, radicaluncertainty, uk, usa
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Qld public service freeze – my Courier-Mail comments
Well done to the Courier-Mail’s Steven Wardill for his scoop on the Queensland public service hiring freeze in today’s paper: Qld public service hiring freeze to rein in budget (pay-walled). I spoke with Steven about the hiring freeze yesterday afternoon … Continue reading
Posted in Budget, Uncategorized
Tagged coronavirus, covid-19, debt, publicservice, qld, qldtreasury, queensland
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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith – Qld budget impact
I caught up with CCIQ Chief Economist Dr Marcus Smith earlier today to chat about the latest economic news and the expected impact of the coronavirus shock on the Queensland state budget. You can listen our conversation here: Highlights of … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, bonds, coronavirus, covid-19, debt, hospitality, internationaleducation, labourforce, qld, qldbudget, qldtreasury, qtc, queensland, socialdistancing, unemployment
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