Tag Archives: jobkeeper

Post-JobKeeper viability a concern of many Qld businesses

Posted on February 9, 2021 by Gene Tunny

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

Posted on February 4, 2021 by Gene Tunny

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

Most houses approved in one month in Qld since time of high interstate migration in 90s

Posted on February 3, 2021 by Gene Tunny

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 →

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Qld’s economy definitely fared better than Victoria’s which suffered badly from Stage 4 restrictions

Posted on January 31, 2021 by Gene Tunny

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 , , , , , , , , , , , | Leave a comment

Qld Premier deserves some criticism, but she’s right to highlight needs of struggling tourism-dependent businesses

Posted on January 30, 2021 by Gene Tunny

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 →

Posted in Cairns, North Queensland, Queensland Government, Tourism | Tagged , , , , , , , , , , | Leave a comment

JobKeeper has been stimulating in multiple ways – evidence from Lush Marcoola

Posted on January 23, 2021 by Gene Tunny

Well done to Matty Holdsworth from the Sunshine Coast Daily for some excellent reporting on the Lush Marcoola brothel which was re-printed in today’s print edition of the Courier-Mail on p. 47: YOUNG men cashed up on JobKeeper payments kept … Continue reading →

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

Chat with 4BC’s Scott Emerson about Qld economic outlook

Posted on January 18, 2021 by Gene Tunny

I had a great chat this afternoon with 4BC Drive program presenter Scott Emerson about the Queensland economic outlook. Among other things, we chatted about the Deloitte Access Economics report which was nicely summarised by the Brisbane Times as ‘Queenslanders … Continue reading →

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Brisbane Lockdown 2.0 – the sequel no one wanted

Posted on January 8, 2021 by Gene Tunny

To keep Queenslanders safe, our state government has decided to lock down the over2 million residents of Greater Brisbane for the next three days, but its sudden, unexpected announcement at 8am sparked immediate panic buying in our supermarkets, and an … Continue reading →

Posted in Brisbane, Budget, Macroeconomy, Queensland Government | Tagged , , , , , , , , , , , , , | 4 Comments

Deep recession to be quantified in June qtr National Accounts released tomorrow

Posted on September 1, 2020 by Gene Tunny

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 , , , , , , , , , , | 2 Comments

The Triumvirate’s Stratagem cannot stand – guest post by Joe Branigan

Posted on August 30, 2020 by Gene Tunny

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 , , , , , , , , | 3 Comments