Tag Archives: jobseeker

Online retail falling away from 2020 highs

Posted on April 24, 2021 by Gene Tunny

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 →

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

Posted on March 31, 2021 by Gene Tunny

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 →

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

Posted on March 20, 2021 by Gene Tunny

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 →

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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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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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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 →

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Australia’s upcoming mini-Budget

Posted on July 20, 2020 by Gene Tunny

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 →

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Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

Posted on July 6, 2020 by Gene Tunny

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading →

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Retail rebound in Australia – latest video

Posted on July 4, 2020 by Gene Tunny

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 →

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