Tag Archives: government

Managing government budgets podcast chat with Rachel Nolan, former Qld Gov’t finance minister

Former Queensland Government Finance and Transport Minister Rachel Nolan (currently Queensland Executive Director of the McKell Institute) provides some great insights into managing government budgets in my latest Economics Explored episode EP96 Managing Government Budgets. For example, here’s Rachel on … Continue reading

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Does government understand business and realise the huge costs of lockdowns?

The reports from the Sydney lockdown are grim. The lockdown is imposing a huge cost on affected businesses. The financial assistance offered today by the federal and NSW governments may be insufficient for many businesses (e.g. see Sydney CBD restaurants … Continue reading

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Role of Treasury in economic policy conversation with Paul Tilley – latest Economics Explored episode

When I spoke with Scott Emerson on his 4BC Drive program last Thursday, I mentioned the federal Treasury would be currently working on options to extend JobKeeper in some form to tourism-dependent businesses. The Treasury has been prominent in developing … Continue reading

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‘Hollywood Australia’ supported by generous tax credits and other government subsidies

The Australian is reporting ‘Hollywood Australia’ a $1.5bn movie blockbuster extravaganza, covering the surge in international film productions such as Thor: Love and Thunder filming in Australia. This is partly related to Australia’s success in managing COVID and also to … Continue reading

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Aussies over-confident after being over-compensated by Gov’t for COVID-recession

Today we learned that, as Reuters reports, Australia consumer sentiment hits 10-year high (see chart above). This is despite Chinese trade restrictions and the looming insolvency tsunami in the new year and the fiscal cliff in April 2021. Sure, given … Continue reading

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Megaprojects chat with Marion Terrill from Grattan

The Queensland Government’s troubled Cross River Rail project is a good example of a multi-billion-dollar Megaproject at risk of cost blowouts and falling short of projected benefits, as I posted on last week (Cross River Rail scrutinised by Grattan and … Continue reading

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Tech Giants vs legacy media and governments – latest podcast episode

One of the biggest pieces of international news this week was the announcement that the US Department of Justice is suing Google over its alleged monopoly in search (see US justice department sues Google over accusation of illegal monopoly). The … Continue reading

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Why the world needs economists – latest podcast episode

In my latest podcast episode, I explore what economists do and why the world needs them. I talk about the important roles that economists play in advising on government budget and economic policies and on the feasibility of specific projects, … Continue reading

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A Fiscal Vaccine for COVID-19 with Tony Makin – new podcast episode

In my latest podcast episode, I speak with Professor Tony Makin of Griffith University about his new CIS Policy Paper A Fiscal Vaccine for COVID-19. In Tony’s words: “the paper considers the resurgence of crude Keynesianism before highlighting risks of … Continue reading

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Bailouts in this time of coronavirus with Dr Dan Mitchell – podcast interview

Industry bailouts by governments have been subject to intense debate in this time of coronavirus, including in Australia where the airline Virgin Australia is in voluntary administration and seeking additional financial support from government. Last weekend, I discussed industry bailouts … Continue reading

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