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Recent Posts
- Qld’s surging public service – clarification of Australian article comments
- My Courier-Mail comments on Qld Economic Recovery Plan and lack of Budget transparency
- Qld has highest unemployment rate, but we’ve actually coped with COVID-shock better than most states
- Corporate Governance podcast chat with Stephen Howell from Effective Governance
- Qld Treasurer trying to have it both ways on budget outlook
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- True Qld unemployment rate around 12%
- Qld’s surging public service – clarification of Australian article comments
- Qld has highest unemployment rate, but we’ve actually coped with COVID-shock better than most states
- My Courier-Mail comments on Qld Economic Recovery Plan and lack of Budget transparency
- Top twenty largest cities and towns in Queensland by population
- Woefully inadequate Qld budget update
- Is North Qld under-funded by the State Government relative to the South East?
- Official Qld unemployment rate of 7.9% doesn’t tell the full story
- How did the Qld government accumulate so much debt?
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Blogroll
Tag Archives: jobkeeper
Deep recession to be quantified in June qtr National Accounts released tomorrow
Age/SMH Senior Economics Correspondent Shane Wright has written a great summary of the business indicators data released yesterday by the ABS: An economy like 2016 as sales and wages collapse. The business indicators data are pieces of the jigsaw puzzle … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, coronavirus, covid-19, economy, gdp, jobkeeper, jobseeker, qld, queensland, wages
2 Comments
The Triumvirate’s Stratagem cannot stand – guest post by Joe Branigan
Thanks to my old friend and former Treasury colleague Joe Branigan for this guest post on the Queensland Government’s response to COVID-19. Views expressed are Joe’s and should not necessarily be attributed to me. GT The Triumvirate’s Stratagem cannot stand … Continue reading
Posted in Health, Macroeconomy
Tagged coronarvirus, covid-19, jobkeeper, jobseeker, publichealth, qld, qldeconomy, queensland, queenslandparliament
3 Comments
JobKeeper test revision necessary given bleak outlook
Given the Victorian COVID-19 response debacle, the economic outlook is no doubt even bleaker than the bleak outlook reported by CCIQ today in its June Pulse Survey report (see chart below), so it’s welcome news that the federal government is … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged cciq, coronavirus, couriermail, covid-19, economy, jobkeeper, pulse, qld, queensland, skynews, victoria
2 Comments
Australia’s upcoming mini-Budget
Australian Treasurer Josh Frydenberg will hand down a mini-Budget this Thursday, and it’s coming just in time, given the growing concern over the spread of COVID-19 in Victoria and NSW. I recorded a video earlier today with some thoughts on … Continue reading
Posted in Budget, Uncategorized
Tagged abs, australia, budget, budgetdeficit, consumerconfidence, coronavirus, covid-19, debt, employment, jobkeeper, jobs, jobseeker, melbourne, minibudget, newstart, nsw, victoria, westpac
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Retail rebound in Australia – latest video
My latest video is about the retail rebound revealed by the May Retail Trade data published by the ABS yesterday (Retail turnover rises 16.9 per cent in May). You may also be interested in the Queensland Treasury Retail Trade brief … Continue reading
Posted in Macroeconomy, Retail trade
Tagged abs, australia, bunnings, coronavirus, covid-19, jobkeeper, jobseeker, qldtreasury, queensland, retail, retailtrade, retailturnover, storedj, tourism
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Premier’s border decision helps, but it’s still early days in any recovery from virus recession
The Queensland Premier’s decision to reopen the border to non-Victorian interstate travellers and to bring forward the relaxation of a range of restrictions will no doubt provide a bit of a boost to the economy (e.g. the Courier-Mail is reporting … Continue reading
Posted in Labour market, Macroeconomy, Queensland Government, Uncategorized
Tagged coronavirus, covid-19, interstateborder, jobkeeper, jobseeker, nsw, qld, queensland, rba, stimulus, victoria, zombiefirms
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ABC Brisbane JobKeeper bungle interview – $60bn error hugely embarrassing but actually good news
On 612 ABC Brisbane yesterday morning I mentioned to host Bec Levingston my first reaction to hearing the news about the $60 billion JobKeeper forecasting bungle was sympathy for my former Treasury colleagues. It’s hugely embarrassing, but actually good news … Continue reading
State and regional unemployment rates in this time of COVID-19 with Pete Faulkner
Mission Beach-based economist Pete Faulkner from Conus Consulting has been in the news recently with his estimates of the massive adverse impacts that measures to combat coronavirus are having on Queensland’s regional economies (e.g. see the InQueensland report Jobless numbers … Continue reading
Posted in Cairns, Gold Coast, Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized
Tagged abs, cairns, conus, coronavirus, covid-19, gdp, goldcoast, jobkeeper, missionbeach, qld, queensland, townsville, unemploymentrate
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Catch up with CCIQ Chief Economist on dreadful business conditions & huge budget deficits
Yesterday afternoon I caught up with CCIQ Chief Economist Dr Marcus Smith for a phone interview on the coronavirus-induced recession/mini-depression, and you can listen to the recording here: Highlights include: 3:50 – discussion of forecasts for double-digit unemployment rates in … Continue reading
Posted in Budget, Cairns, Gold Coast, Macroeconomy, Uncategorized
Tagged anz, australia, cciq, coronavirus, covid-19, economy, jobkeeper, jobseeker, publicservice, qld, radicaluncertainty, recession, unemployment, unemploymentrate
2 Comments
