Tag Archives: gdp

Is it nonsense to talk about a “GDP per capita recession”?

Posted on March 10, 2019 by

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading →

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

Qld economy was goosed up by gov’t spending in final quarter of 2018

Posted on March 7, 2019 by

Australia’s weak 0.2% GDP growth in December quarter has prompted talk of a “per capita recession”, as our economy has now been growing at a slower rate than the population for two consecutive quarters (see this SMH report). The national … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 6 Comments

How you can automate ABS data analysis and charting using R – preview of my upcoming course

Posted on March 5, 2019 by

In my latest video, I demonstrate how I use the freeware programming language R to automate my analysis and charting of economic data, using the December quarter business indicators data published by the ABS yesterday as an example. I am … Continue reading →

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Qld mining CAPEX up 13% or by over $1 billion in 2018

Posted on February 28, 2019 by

The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading →

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Qld economy continues to disappoint

Posted on December 6, 2018 by

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading →

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

CIS Ideas post on government size & economic growth paper by Makin et al.

Posted on July 28, 2018 by

I spent an enjoyable week visiting the Centre for Independent Studies in Sydney, and while there I was roped into drafting a short post for their regular Friday Ideas email. My post was on a recent conference paper by Griffith … Continue reading →

Posted in Budget, Uncategorized | Tagged , , , , , , | 6 Comments

My comments in Morningstar article on Australia’s “27-year economic winning streak”

Posted on June 30, 2018 by

One frequently quoted economic fact I think is a bit dubious is that Australia has had a record breaking expansion of 27 years. Although Australia avoided a technical recession (by not having two successive quarters of declining real GDP) during … Continue reading →

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