Tag Archives: qld

Disappointing that drugs won’t be decriminalised in Qld

Posted on January 31, 2020 by Gene Tunny

As former Queensland Premier Campbell Newman observed early last year, we have lost the war on drugs. So it would appear sensible to consider different approaches, including different degrees of decriminalisation or legalisation. Regrettably, the Queensland Government has rejected a … Continue reading →

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Queensland 2020 Outlook: Hot or Not? Upcoming event at the Brisbane Club on 18 February

Posted on January 24, 2020 by Gene Tunny

Thanks to Ross Elliot from APP Property and Infrastructure Specialists for inviting me once again to present on Queensland’s economic outlook at the 2020 Hot or Not event at the Brisbane Club on Tuesday, 18 February. You can register for … Continue reading →

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China’s demographic future could be even worse than currently projected

Posted on January 21, 2020 by Gene Tunny

China is a major influence on the Queensland economy given the large value of our coal exports, so we should be paying close attention to how China’s poor demographics will affect its future economic growth. China’s unbalanced population, with lots … Continue reading →

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Australia’s (and Qld’s) climate change policy predicament

Posted on January 14, 2020 by Gene Tunny

Yesterday, the Financial Times published a blistering op-ed by its Chief Foreign Affairs Commentator Gideon Rachman: Australia is no longer the lucky country (NB pay-walled). It is one of the best summaries of Australia’s current predicament over climate change I’ve … Continue reading →

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Big economic issues for the 2020s

Posted on January 2, 2020 by Gene Tunny

In my latest Economics Explained episode Big economic issues for the 2020s, I discuss the major economic issues I’ve been thinking about lately: the secular stagnation hypothesis, digital disruption and surveillance capitalism, and climate change. Use these timestamps to jump … Continue reading →

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Higher long-term unemployment a marker of Qld’s under-performance relative to rest of Australia

Posted on December 30, 2019 by Gene Tunny

In its 2019-20 Mid-Year Fiscal and Economic Review released in mid-December, the Queensland Government revised down the state economic outlook, with economic growth revised to 2.5%, down from 3%, and the unemployment rate revised upwards to 6.25% from 6% for … Continue reading →

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My Weekend Australian comments on Qld Future Fund

Posted on December 14, 2019 by Gene Tunny

The mid-year Queensland budget update Deputy Premier-Treasurer Jackie Trad released on Thursday was one of the most interesting in a long time, and I was called on a few times for media commentary. For instance, I’m quoted in the Weekend … Continue reading →

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Qld private sector spending has been falling while government has continued to grow

Posted on December 9, 2019 by Gene Tunny

In Queensland, our over-reliance on the public sector continues, according to the September quarter National Accounts figures from the ABS, which have reinforced concerns about the strength of the national economy and various state economies, including Queensland’s. The National Accounts … Continue reading →

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Overly optimistic reactions to discouraging GDP data

Posted on December 4, 2019 by Gene Tunny

The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading →

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Sluggish economy & lower coal prices could put Qld gov’t in operating deficit

Posted on December 2, 2019 by Gene Tunny

The mid-year budget update from the Queensland Government later this month will no doubt contain economic and fiscal forecasts with substantial downward revisions, owing to a weaker national economy and lower coal prices. The state budget forecast a hard coking … Continue reading →

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