Tag Archives: financialcrisis

Behavioural Finance podcast chat with Dr Tracey West of Griffith Business School

Posted on December 10, 2020 by Gene Tunny

The latest episode of my Economics Explored podcast considers the emerging field of behavioural finance, which is basically the application of behavioural economics to finance. It considers lessons from this field for households, investors, and governments. The episode features an … Continue reading →

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Corporate Governance podcast chat with Stephen Howell from Effective Governance

Posted on October 15, 2020 by Gene Tunny

In my latest Economics Explored podcast episode, I speak with Stephen Howell, Principal Advisor of Effective Governance, part of the Hopgood Ganim Advisory Group, regarding the importance of good corporate governance to a well-functioning economy. One of the leading textbooks … Continue reading →

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Radical Uncertainty with Prof. John Kay CBE

Posted on April 30, 2020 by Gene Tunny

Radical Uncertainty: Decision making for an unknowable future is a timely new book from eminent British economists Professor John Kay and former Bank of England Governor Lord Mervyn King. I recently interviewed Professor Kay about the book and our conversation … Continue reading →

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My top ten posts of the 2010s

Posted on December 31, 2019 by Gene Tunny

Since I started Queensland Economy Watch in June 2010, I’ve attempted to cover the changing fortunes of the Queensland economy and state budget as accurately and objectively as possible. It’s been a great experience. I’ve learned a lot and met … Continue reading →

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Lessons from the GFC symposium at Griffith’s Ship Inn Function Centre on 7 March

Posted on January 28, 2019 by Gene Tunny

In this final week of January ten years ago, the fifth floor of the Treasury Building in Canberra was a hive of activity. Hard-working Treasury officials, including me, were putting together the 2009 Updated Economic and Fiscal Outlook in which … Continue reading →

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What I’m reading – Bernanke’s Courage to Act

Posted on October 31, 2015 by Gene Tunny

One of my favourite passages in Ben Bernanke’s memoir of the financial crisis and its aftermath, The Courage to Act, describes how, on the way to the Federal Reserve building to deal with the imploding Bear Stearns, Bernanke takes the … Continue reading →

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Very little real growth in retail trade since financial crisis

Posted on September 4, 2013 by Gene Tunny

Yesterday’s retail trade data for July from the ABS were disappointing and continue to show consumers are reluctant to spend. Indeed, in real terms (i.e. adjusting for inflation), there has been practically no growth in retail turnover since the financial … Continue reading →

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Qld and WA were on similar growth paths, but Qld got knocked off by GFC

Posted on May 8, 2013 by Gene Tunny

This month’s RBA chart pack contains a nice, informative chart depicting State shares of Australia’s GDP (see below). It shows that, up until the financial crisis in 2008, Queensland, like WA, was increasing its share of national GDP, but stalled … Continue reading →

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Weird OECD create your own economy competition

Posted on January 22, 2013 by Gene Tunny

In principle, I think it’s a good idea that the OECD is reaching out to young people to get them interested in economic policy issues, but this video competition strikes me as weird: Think differently: How would you shape tomorrow’s … Continue reading →

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Hotels appear to have doubts about prospects for tourism recovery

Posted on January 7, 2013 by Gene Tunny

Although there has been some recovery in room occupancy rates at hotels, motels and serviced apartments since the financial crisis (see first chart below), establishments are maintaining their financial crisis levels of staffing (see second chart below), which must impact … Continue reading →

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