Tag Archives: japan

Japan is Qld’s top export destination once again, but only by a small margin

Thanks to the Japanese Ambassador for highlighting that Japan has overtaken China to return to being the top destination for Queensland exports, as Japan was for several decades prior to 2013 (see the chart below including data up to April … Continue reading

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Where Queensland’s coal exports go

In my post last Tuesday, PM puts China’s Aussie thermal coal ban in perspective, I noted how China’s Aussie coal ban would be much more concerning if it also applied to coking coal, which is more valuable per tonne and … Continue reading

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

Big economic issues for the 2020s

In my latest Economics Explained episode Big economic issues for the 2020s, I discuss the major economic issues I’ve been thinking about lately: the secular stagnation hypothesis, digital disruption and surveillance capitalism, and climate change. Use these timestamps to jump … Continue reading

Posted in Climate change, Macroeconomy, Productivity, Uncategorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment

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

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

FACCI thriving in time of greater French-Australian economic cooperation

The recent awarding of the $50 billion submarine contract to French firm DCNS was greeted enthusiastically by members of the French-Australian Chamber of Commerce and Industry (FACCI), which is doing terrific things around town and running some excellent events. For … Continue reading

Posted in Education, Mining, Uncategorized | Tagged , , , , , , , , , , , | 7 Comments

Economic outlook & collaborative economy presentation

The first day of the CPA Australia Not-for-Profit Conference was held in Brisbane today and I gave a presentation on the economic outlook and the collaborative economy that I gave in Sydney and Melbourne last week. My slides are available … Continue reading

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

Undoubtedly China crash bigger risk to Australia than Grexit

The news.com.au finance reporter Frank Chung is right to note the risks to Australia from a possible crash in China are much greater than the risks from the Greek crisis (see Chinese chaos worse than Greece). We are much more … Continue reading

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Queensland’s top five customers – China has taken top spot from Japan in recent years

Earlier this month, the Queensland Government Statistician’s Office released a useful set of trade reports on Queensland’s trade with international economies. In our merchandise exports data (see chart below), it’s not surprising to see the importance of China, which has … Continue reading

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Carbon tax repeal good news for Qld economy

I’m very pleased the Senate will allow the repeal of the carbon tax (Carbon tax to be abolished on third attempt), given that: Queensland would have been disproportionately affected due to our heavy reliance on coal-fired power generation; and it never made … Continue reading

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Removing second-hand car import restrictions could significantly lower car prices

I was happy to learn from a former Canberra colleague yesterday that I’m cited in the Productivity Commission’s January 2014 Position Paper on the car industry, regarding the benefits that would come from removing the restriction on second-hand car imports. … Continue reading

Posted in Industry policy, Labour market | Tagged , , , , , , , , , , , , | 5 Comments