Tag Archives: gdp

What economic indicators should board directors monitor?

I have recently published an article on the website of the corporate governance consultancy firm Effective Governance, at which I am a specialist adviser, regarding: What Economic Indicators Should Board Directors Monitor? The article was inspired by a recent Harvard … Continue reading

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Qld economy supported by State & local Gov’t CAPEX in December quarter

The latest National Accounts released by the ABS were better than expected, with the national economy growing at 0.6% in December quarter 2015 and 3% through-the-year. Regarding Queensland, state final demand barely moved with a 0.1% increase, but that does … Continue reading

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

Great presentation by HSBC’s Paul Bloxham on the economic outlook to ESA Qld

In Brisbane today, HSBC’s Chief Economist (Australia & NZ) Paul Bloxham gave a terrific presentation on the economic outlook to the Queensland branch of the Economic Society of Australia, of which I am the Secretary. You can download his slides, … Continue reading

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Australian Perspective: 2016 and beyond – keynote presentation to CPA Congress, Brisbane

I was delighted to give the opening keynote presentation at the Brisbane CPA Congress at the Brisbane Convention & Exhibition Centre this morning. My presentation slides (which I’ve slightly modified with additional headings and source information) are available to download: … Continue reading

Posted in China, Housing, Macroeconomy | Tagged , , , , , , , , , , , , | 2 Comments

Great RBA speech highlighting new labour market flexibility and links with NZ labour market

The Queensland Branch of the Economic Society of Australia, of which I’m the Secretary, was delighted yesterday to host a speech by the Assistant Governor (Economic) of the Reserve Bank of Australia Christopher Kent on Adjustments in the Labour Market. … Continue reading

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Qld economy enduring shock from end of mining boom as well as could be expected

The March quarter National Accounts data released yesterday surprised on the upside with quarterly growth at 0.9 per cent, but as some commentators have noted there remains a downside risk over the next 12-24 months from much lower capital expenditure … Continue reading

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

Budget briefing – speech notes and slides

Last Friday afternoon I gave a presentation on the 2015-16 Budget at a private function I organised at the Tattersall’s Club in Brisbane. My slides are available for download (Budget briefing 15 May 15). Budget briefing Good afternoon. Today I’d … Continue reading

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Qld economy hit by declines in both private and public sector capital spending

It was unsurprising that the National Accounts data released by the ABS today showed the Australian economy continuing to grow at a sub-trend rate (2.5% through-the-year), and that Queensland was enduring a large shock from a decline in resources sector … Continue reading

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Sub-par growth to continue as mining investment falls and govts restrain spending

The Reserve Bank of Australia’s Head of Economic Analysis, Dr Jonathan Kearns, gave an informative presentation this morning on current economic conditions at an Economic Society of Australia (Qld branch) breakfast at the Brisbane Polo Club. The outlook for at … Continue reading

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Is employment a lagging indicator of the economy?

A tendency has developed among commentators to dismiss the relevance of discouraging employment data, based on the view that the labour market is a lagging indicator of the economy (e.g., a recent post by a prominent Australian economic commentator: Crappy … Continue reading

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