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Recent Posts
- What is the fiscal impulse from the Australian Budget?
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Tag Archives: fiscalstimulus
What is the fiscal impulse from the Australian Budget?
The Australian Government is moving in the right direction, but not fast enough, with fiscal policy if it wants to fight inflation. It appears too reliant on the expected cessation of pandemic-related stimulated measures to support its claim that the … Continue reading
Queenslanders, sign up for Brisbane Holiday Dollars lottery
The Brisbane Holiday Dollars voucher program is a tiny stimulus from a macroeconomic perspective, representing only $3 million of state government funding at the most, but businesses dependent on tourism need all the help they can get given all the … Continue reading
Posted in Brisbane
Tagged brisbane, fiscalstimulus, qldgovernment, tourism, vouchers
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Podcast chat with Nicholas Gruen on freeing fiscal policy from political tinkering
The latest episode of my Economics Explored podcast features a conversation I had earlier this week with Nicholas Gruen of Lateral Economics regarding his recent Financial Times opinion piece on the need for an independent fiscal policy advisory body. In … Continue reading
Fiscal Stimulus with Fabrizio Carmignani – my latest Economics Explored podcast episode
Fiscal stimulus is very topical worldwide, with the new US President Joe Biden proposing a US$1.9 trillion COVID relief and stimulus package. And, in Australia, there is a debate occurring over how to support the tourism sector once JobKeeper finishes … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, cashhandouts, debt, debttogdp, deficits, fiscalpolicy, fiscalstimulus, inflation, jobkeeper, macroeconomicpolicy, macroeconomics, mmt, modernmonetarytheory, multiplier, ruddmoney, stimulus, surpluses, usa
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Qld Gov’t public service bonus demonstrates ongoing relevance of Beautiful One Day, Broke the Next
The Queensland Government’s $1,250 bonus for public servants, estimated to cost $250 million in total, is being poorly received outside of the public service. Many people consider that public servants are already well remunerated and that the state government still … Continue reading
Posted in Uncategorized
Tagged budget, debt, fiscalstimulus, publicservice, qld, queensland
4 Comments
Government right to rule out fiscal stimulus
The ½ percent GDP contraction in September quarter that the ABS published last week has raised a lot of questions about the current state of the economy, and whether the Government should do more in terms of economic reform or … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, capex, fiscalpolicy, fiscalstimulus, gdp, gsp, mundellfleming, nationalaccounts, qld, queensland, treasury
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Queensland Economy Watch 