Tag Archives: qld

Australian coverage of my upcoming Qld Parliamentary Inquiry appearance

Thanks to Sarah Elks for her story in The Australian today regarding my upcoming appearance at the Queensland Parliamentary Inquiry into the state government’s economic response to the pandemic: Coronavirus: Queensland’s small-business grants ‘are a waste of money’ First, I … Continue reading

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Upcoming Qld Parliamentary COVID-19 Inquiry appearance

Next Monday I’ll be appearing, via Zoom, at a public hearing of the Queensland Parliament’s Inquiry into the Queensland Government’s economic response to COVID-19. I’m a member of a Panel of Economic Experts which also includes UQ Professor John Quiggin, … Continue reading

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

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

Posted in Budget, China, Floods, Macroeconomy, Mining, Retail trade | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Individual public servants blamed while politicisation of Qld public service goes unaddressed

In incidental remarks in its report An investigation into allegations relating to the appointment of a school principal, the Crime and Corruption Commission identifies what many see as the big problem with the Queensland Government: the politicisation of the public … Continue reading

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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

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Qld Gov’t COVID-19 Adaption Grants program poorly designed

The Queensland Government’s $200 million COVID-19 Adaption Grants program for small businesses is poorly designed and pretty embarrassing, with the Employment Minister Shannon Fentiman today telling businesses “My strong advice is get in quick.” I was stunned when I read … Continue reading

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True Qld unemployment rate around 12%

The true Queensland unemployment rate is around 12% rather than the official 7.9%. I’m not suggesting the ABS is being tricky. The ABS is accurately applying the internationally accepted Labour Force Statistics methodology. But we must look beyond the ABS … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , , , , , | 4 Comments

Official Qld unemployment rate of 7.9% doesn’t tell the full story

It’s obvious the official unemployment rate figures from the ABS are understating the true unemployment rate due to large numbers of people having left the labour force, evidenced by the collapse in the workforce participation rate. The official estimates for … Continue reading

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Jobs coming back as economy reopens

The AFR’s Matthew Cranston has nicely summarised the latest payroll data published by the ABS yesterday in his article Job market crawls off floor as recovery begins: The worst appears to be over in the job market with Tax Office … Continue reading

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Qld-NSW border & Qld Chief Economist comments

I’ve recorded a new video commenting on: the cost to the Queensland economy of the interstate border closure and other coronavirus measures (thanks to CCIQ for putting some estimates out there, which I’ve provided links to below), what’s been happening … Continue reading

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