Tag Archives: economy

Just announced shutdowns mean hundreds of thousands now out of work (hopefully only temporarily)

While we knew something like this was coming, it was still awful when it did come. To contain the spread of coronavirus, from midday tomorrow (Monday), pubs, bars, clubs, and gyms will be forced to shut, and restaurants and cafes … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 3 Comments

New COVID-19 chat with Joe Branigan of Tulipwood Economics

I’ve recorded another interview on the latest COVID-19 rescue package from the federal government, this time with my good friend and former Treasury colleague Joe Branigan, Director of Tulipwood Economics. Joe provides important context for the massive rescue package. He … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , , , | Leave a comment

COVID-19 conversation with Joe Branigan of Tulipwood Economics

In the last few hours, I’ve recorded a discussion with my good friend and former Australian Treasury colleague Joe Branigan, Director of Tulipwood Economics, on the novel coronavirus, COVID-19. We chatted about the potential economic impact of coronavirus, which is … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , | Leave a comment

Coronavirus, oil, and President Trump

Human psychology can influence financial markets in very weird ways, and such was the case on Monday, which was Wall Street’s worst day since December 2008. The sharp fall in equity markets around the world including here in Australia (see … Continue reading

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

Coronavirus conversation with former Qld Gov’t biologist & Treasury official Paul McFadyen

Yesterday I spoke with my good friend Paul McFadyen, a now-retired former Queensland Government biologist and Treasury official, about coronavirus and how governments should respond to it and crises more broadly. In our conversation, Paul recalled his experience during the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Lowest confidence in six years – not a happy Friday in Qld

Earlier this year I encountered some resistance at various presentations I gave on the gloomy outlook for the Queensland economy, but I suspect I wouldn’t get much push back now. Today, the Courier-Mail is reporting on its latest YouGov poll results: CONFIDENCE … Continue reading

Posted in Infrastructure, Macroeconomy, Uncategorized | Tagged , , , , , , , | Leave a comment

Bad economic news keeps coming – declining job vacancies & inverted US yield curve

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments

Qld: hot or not? My presentation at the Brisbane Club on Wednesday 6 February

It was a great day to give an economic outlook presentation, with RBA Governor Philip Lowe announcing a change in monetary policy guidance, from saying the next rate movement would most likely be up, to saying the cash rate may … Continue reading

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

Qld’s lacklustre population and jobs growth have gone hand in hand over the current decade

Queensland’s population, now at around 4.9 million, increased 1.4% in the year to 30 September 2016, a growth rate slightly below the national growth rate of 1.5%, but significantly below Victoria’s stand-out growth rate of 2.1% (Chart 1 based on … Continue reading

Posted in Labour market, Population, Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment

Ironic that Trump may just be the shock financial markets needed

The election of Donald Trump as US President is undoubtedly a huge shock to global financial markets. Even though it is highly uncertain what policies he will ultimately adopt and can get passed by Congress, it is highly probable he … Continue reading

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