Tag Archives: jobkeeper

Here we go again (without JobKeeper) + Cross River Rail looking like an even worse investment now

Firstly, what more can we say about the latest border restrictions other than here we go again, although this time without JobKeeper. Needless to say, this will bring more economic hardship to tourism businesses who need all the trade they … Continue reading

Posted in Transport | Tagged , , , , , , | Leave a comment

Qld and WA leading Australia in business conditions, based on NAB Survey

It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading

Posted in Budget | Tagged , , , , , , , , , | Leave a comment

Online retail falling away from 2020 highs

The big news on the Australian sharemarket yesterday was the 14% drop in the Kogan share price after a market update revealed a drop in earnings for the online retailer (see chart below). This probably should not have been such … Continue reading

Posted in Retail trade | Tagged , , , , , , , , | Leave a comment

Six houses, alike in dignity… not much else – guest post by Brendan Markey-Towler

This guest post by my good friend and fellow Queensland economist Dr Brendan Markey-Towler makes some excellent points regarding Queensland’s economic recovery from the COVID-recession – e.g. consumption spending has been goosed up by government benefits and, apart from in … Continue reading

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

Big test ahead for economy & will we regret all the lockdowns?

The latest retail trade figures from the ABS illustrate the challenge the Australian economy faces over the next few months with JobKeeper and the JobSeeker Coronavirus Supplement ending soon. Household disposable incomes have been boosted by all the generous assistance … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , , , , | Leave a comment

Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus

Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , | Leave a comment

Qld Premier highlights my JobKeeper comments in Instagram post

Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading

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

Recovery has been better than expected (especially in Qld), but let’s see what happens when JobKeeper ends

Whoever looks after the Queensland Premier’s Instagram account is a social media grandmaster (e.g. see the post below). The regular reminders of the imminent end of JobKeeper on 28 March are contributing to pressure on the federal government to implement … Continue reading

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

Post-JobKeeper viability a concern of many Qld businesses

The Chamber of Commerce and Industry Queensland (CCIQ) has released its CCIQ Pulse Survey of Business Conditions for December quarter 2020, and it shows a continuation of the recovery in the second half of 2020 in business conditions and confidence … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , | 1 Comment

Fiscal Stimulus with Fabrizio Carmignani – my latest Economics Explored podcast episode

Fiscal stimulus is very topical worldwide, with the new US President Joe Biden proposing a US$1.9 trillion COVID relief and stimulus package. And, in Australia, there is a debate occurring over how to support the tourism sector once JobKeeper finishes … Continue reading

Posted in Budget, Macroeconomy | Tagged , , , , , , , , , , , , , , , , , | Leave a comment