Tag Archives: gfc

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

Posted on June 30, 2018 by Gene Tunny

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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Courier-Mail & 612 ABC Brisbane media this week regarding jobs growth & small business

Posted on September 23, 2017 by Gene Tunny

Today’s Courier-Mail features a short piece (on p. 29) “Employment growth best since the GFC” from Daryl Passmore quoting FNQ-based economist Pete Faulkner and me on Queensland’s recent strong employment growth. The Queensland economy has been recovering strongly over the … Continue reading →

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Strong jobs figures for Qld, although much of recent increase was in part-time employment

Posted on September 15, 2017 by Gene Tunny

The August jobs figures released yesterday by the ABS confirmed the Queensland economy is clearly on an upswing and jobs growth is currently strong, with through-the-year growth in employment at 3.7% compared with a national rate of 2.6% (chart 1). … 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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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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