Tag Archives: gas

National Electricity Market malfunction of June 2022: my latest podcast episode

One of the biggest challenges facing advanced economies is maintaining reliable and reasonably priced electricity as we decarbonise to combat climate change. This year we’ve seen some ominous signs that this may not go well. The war in Ukraine has … Continue reading

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Japan is Qld’s top export destination once again, but only by a small margin

Thanks to the Japanese Ambassador for highlighting that Japan has overtaken China to return to being the top destination for Queensland exports, as Japan was for several decades prior to 2013 (see the chart below including data up to April … Continue reading

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Shadow lockdown and supply-chain crisis – 9.30am Qld time livestream

I’m going live at 9.30am Queensland time this morning (Friday 21/1/22) to discuss the big economic issues of the week, particularly: Australia’s strong pre-omicron labour force figures from the ABS for December, although they weren’t much comfort given the current … Continue reading

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My takeaways from QAO Energy Report: Qld Gov’t should have offloaded energy assets years ago and NEM is dysfunctional

The Queensland Audit Office’s Energy 2020 Financial Report has been making news (e.g. in the Brisbane Times), although not for the same reasons I think it’s important. It demonstrates, to me at least, that Queenslanders are worse off because the … Continue reading

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Qld Assistant Min. McCallum given huge challenges – 50% renewable energy by 2030 and hydrogen economy

Premier Annastacia Palaszczuk has given one of her government’s rising stars, Lance McCallum, MP for Bundamba, the huge and arguably near impossible task of overseeing the achievement of the 50% renewable energy target by 2030. Yesterday, McCallum was appointed as … Continue reading

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Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading

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QEW video – the week that was: 27-Jan to 2-Feb-19

First, my thoughts and prayers are with the people of Townsville and North Queensland in this challenging time of heavy rain and flooding. Second, below is a slide show (with commentary) I’ve recorded on the economic news of the last … Continue reading

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AGL Chief Economist to address ESA Qld on National Electricity Market

As you are no doubt aware, one of the big economic challenges facing Australia at the moment is the high cost of energy. An important aspect of the debate around the cost of energy is the future of the National … Continue reading

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ABC radio interview on outlook for Qld economy

Steve Austin from 612 ABC Brisbane interviewed me yesterday morning regarding the economic outlook, and I gave my current view that the economy is relatively weak at the moment, but there are reasons for optimism for later in the year … Continue reading

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Queensland economic outlook for 2015

It became clear toward the end of 2014 that the upcoming Queensland election would be fought in a relatively weak economy. 2014 unfortunately saw an increase in Queensland’s unemployment rate from around 6 per cent to around 7 per cent … Continue reading

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