Tag Archives: interestrates

QEW week that was video – coal, negative gearing & the economic outlook

Posted on February 23, 2019 by

Posts from me and other commentators mentioned or alluded to in this video include: Housing industry round table with Treasurer Frydenberg at Parliament House Latest Qld wages growth and Qld labour market summary from Nick Behrens WTF happened to BNE-CNS? … Continue reading →

Posted in Cairns, China, Climate change, Housing, Uncategorized | Tagged , , , , , , , , , , , , , , | 1 Comment

Qld: hot or not? My presentation at the Brisbane Club on Wednesday 6 February

Posted on February 6, 2019 by

It was a great day to give an economic outlook presentation, with RBA Governor Philip Lowe announcing a change in monetary policy guidance, from saying the next rate movement would most likely be up, to saying the cash rate may … Continue reading →

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

Michael Knox on why the RBA won’t hike interest rates any time soon

Posted on December 20, 2017 by

In today’s Financial Review, economics correspondent Jacob Greber observed: The RBA has gone more than seven years now without raising interest rates, the longest span since the official cash rate was introduced in the early 1990s. Indeed, on Melbourne Cup … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , | Leave a comment

RBA making it up as it goes along

Posted on March 15, 2017 by

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading →

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

Recommended holiday reading: The Man Who Knew

Posted on December 22, 2016 by

The best economics and finance book of 2016 is undoubtedly Sebastian Mallaby’s masterful biography of former Federal Reserve Chairman Alan Greenspan, The Man Who Knew. Greenspan was the man who knew that superficially healthy economies, with steady economic growth and … Continue reading →

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , | Leave a comment

US recovery on track, while Australian economists wait anxiously for latest National Accounts

Posted on December 4, 2016 by

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading →

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

New motor vehicle sales lower in Qld than before financial crisis

Posted on May 18, 2016 by

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, … Continue reading →

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