Tag Archives: exchangerate

New evidence stimulus worsened our competitiveness from Makin & Ratnasiri

Griffith University Economics Professor Tony Makin and his co-author Shyama Ratnasiri have just published an interesting paper (Competitiveness and government expenditure: The Australian example) presenting new econometric evidence that suggests fiscal stimulus in response to the financial crisis worsened Australia’s … Continue reading

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ABC radio interview on the fiscal challenges facing the new Qld Government

Chatting with Steve Austin about the fiscal challenges facing the new Government in the Legislative Council Chamber at Queensland Parliament House, Brisbane (Photo: Terri Begley) On the first day of Queensland’s new Parliament, Steve Austin from 612 ABC Brisbane radio … Continue reading

Posted in Budget | Tagged , , , , , , , , , , | 2 Comments

Further decline in exchange rate would be good news for Qld tourism

The HIA released an interesting note today forecasting the Australian dollar will continue to decline, possibly down to the US$0.70 to US$0.80 range (see Decline of the Aussie dollar: Where to from here?). I agree with the HIA there are … Continue reading

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Future of Australian car industry depends a lot on the exchange rate

It’s been clear for a long time – well, all the time since Mitsubishi shut down in early 2008 – that Ford was the next Mitsubishi, so today’s plant closures aren’t that unexpected. Once again, as I more-or-less observed in … Continue reading

Posted in Industry policy | Tagged , , , , , , | 2 Comments

Barcaldine set to boom with big increase in FIFO workers

Queensland Treasury’s non-resident population projections for the Bowen and Galilee Basins show Barcaldine in Central Queensland is the next regional town that will boom due to an influx of fly-in, fly-out (FIFO) and drive-in, drive-out (DIDO) workers (see chart below … Continue reading

Posted in Mining, Population | Tagged , , , , , , , , , , , , | 4 Comments