Tag Archives: economicgrowth

Entrepreneurship with Prof. Peter G. Klein – latest Economics Explained episode

My latest Economics Explained episode on entrepreneurship featuring Professor Peter G. Klein of Baylor University is now available. Many universities now offer courses in entrepreneurship, as students have been inspired by tech entrepreneurs such as Elon Musk and Mark Zuckerberg. … Continue reading

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Dan Mitchell interviewed on Economics Explained regarding government spending & economic growth

Last week, I interviewed prominent US economist and commentator Dan Mitchell regarding government spending and economic growth for the latest episode of my Economics Explained podcast. Dan is co-founder of the Center for Freedom and Prosperity, and he is a … Continue reading

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Overly optimistic reactions to discouraging GDP data

The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading

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Upcoming Townsville seminar on regional economies in a digitised & globalised world

The Economic Society of Australia (Qld), of which I’m a Vice President, is hosting an upcoming seminar in Townsville on how regional economies can adapt and thrive in a digitised, globalised world (see flyer below). Local ESA member Matthew Cook … Continue reading

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CIS Ideas post on government size & economic growth paper by Makin et al.

I spent an enjoyable week visiting the Centre for Independent Studies in Sydney, and while there I was roped into drafting a short post for their regular Friday Ideas email. My post was on a recent conference paper by Griffith … Continue reading

Posted in Budget, Uncategorized | Tagged , , , , , , | 6 Comments

Trend is the Treasurer’s friend

The Queensland Treasurer Curtis Pitt issued an upbeat media release on the Queensland economy yesterday, but I am unsure the Queensland Treasury gross state product (GSP) data he quotes should be interpreted as optimistically as he interprets them. The media … Continue reading

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Upcoming presentation by HSBC’s Paul Bloxham on Australia’s next growth driver, the services sector

With such significant uncertainty regarding the economic outlook, as the Australian economy is re-balancing at the end of the mining boom, there is much speculation regarding the future drivers of economic growth and jobs. Hence I am delighted that HSBC’s … Continue reading

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Great initiative from Qld Treasury to explain forecasts in Economic Society seminar

As Secretary of the Queensland branch of the Economic Society of Australia, I’m very pleased that, on Wednesday 15 July, the day after the Treasurer delivers the State Budget, a senior Queensland Treasury official, Greg Uptin, will give a briefing … Continue reading

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Qld Treasury’s forecasting record has improved in last few years, but big test to come

In the Mid-Year Fiscal and Economic Review at the end of 2014, Queensland Treasury downgraded its economic growth forecast for Queensland in 2014-15 from 3% to 2.5%, to reflect the weaker economic outlook. After Queensland’s technical recession in the last … Continue reading

Posted in Budget, Macroeconomy | Tagged , , , , , , , , | 8 Comments

Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading

Posted in Macroeconomy | Tagged , , , , , , , , , | 6 Comments