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Blogroll
Tag Archives: jobkeeper
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 australia, businessinvestment, coronavirus, covid-19, economy, federation, housing, jobkeeper, jobseeker, nsw, qld, victoria, wa
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 australia, chiefhealthofficer, coronarvirus, covid-19, economicsexplored, jobkeeper, jobseeker, lockdowns, qld, queensland, retailtrade, schools
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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 australia, brisbane, cairns, coronavirus, covid-19, flights, jobkeeper, planekeeper, qld, queensland
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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 australia, aviation, cairns, coronavirus, covid-19, depression, hospitality, inqld, jobkeeper, qld, queensland, tourism
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 abs, australia, buildingindustry, cairns, covid-19, gdp, jobkeeper, qld, qldeconomy, statefinaldemand
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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 cairns, cciq, economicoutlook, insolvencies, internationaltourism, jobkeeper, pulse, qldeconomy, savings, tourism, whitsundays
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 australia, cashhandouts, debt, debttogdp, deficits, fiscalpolicy, fiscalstimulus, inflation, jobkeeper, macroeconomicpolicy, macroeconomics, mmt, modernmonetarytheory, multiplier, ruddmoney, stimulus, surpluses, usa
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Most houses approved in one month in Qld since time of high interstate migration in 90s
The Housing Industry Association was quick to proclaim Detached Building Approvals Reach Record High after the ABS published the December building approvals data today. “Detached building approvals” are approvals for houses, as opposed to approvals for apartments or townhouses. Obviously, … Continue reading
Posted in Housing
Tagged abs, banks, buildingapprovals, buildingindustry, construction, corelogic, gdp, gsp, homebuilder, houseprices, interstatemigration, jobkeeper, jobseeker, monetarypolicy, propertyprices, qld, queensland, rba
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Qld’s economy definitely fared better than Victoria’s which suffered badly from Stage 4 restrictions
Weirdly, CommSec’s latest State of the States report ranked Victoria in 3rd place and Queensland in 5th place, even though Queensland’s economy has definitely fared much better during the pandemic than Victoria’s. In my Thursday post I discussed how silly … Continue reading
Posted in Macroeconomy, Tourism
Tagged abs, australia, cairns, coronavirus, covid-19, hoursworked, jobkeeper, lfs, qld, queensland, tourism, victoria
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Qld Premier deserves some criticism, but she’s right to highlight needs of struggling tourism-dependent businesses
The NSW Premier, Sky Australia hosts, and other commentators have been quick to criticise Queensland Premier Palaszczuk over her call for the federal government to extend JobKeeper beyond the end of March for struggling tourism-dependent businesses, particularly those in Cairns … Continue reading
