Tag Archives: queensland

Fantastic news about Uber legalisation – now Government needs to resist calls for compensation of taxi industry

Posted on August 11, 2016 by Gene Tunny

It is fantastic news that the Queensland Government will, finally, legalise Uber, as reported in both the Courier-Mail and Brisbane Times this morning, although the option the Government apparently prefers is somewhat less than full deregulation, as taxis will continue … Continue reading →

Posted in Transport, Uncategorized | Tagged , , , , | 5 Comments

International film productions such as Thor: Ragnarok unworthy of Qld taxpayer support

Posted on August 9, 2016 by Gene Tunny

Thor: Ragnarok, now filming on the Gold Coast, and which is supposedly receiving Queensland taxpayer support of $3 million (see my post from October last year), is delivering much lower benefits to locals than may have been expected, as reported … Continue reading →

Posted in Industry policy, Uncategorized | Tagged , , , , , , , | Leave a comment

Being unpredictable helps guard against collusion: a lesson from the 2016 Colin Clark Lecture

Posted on July 30, 2016 by Gene Tunny

Professor Leslie Marx of Duke University delivered the 2016 Colin Clark Lecture last Tuesday morning at Customs House in Brisbane on how to defend against potential collusion by suppliers. In industries with a small number of players who can readily … Continue reading →

Posted in Industry policy, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Were 80% of new Qld jobs in 2015-16 public service jobs?

Posted on July 28, 2016 by Gene Tunny

The Courier-Mail is correct to highlight the large increase in public service employment that has occurred recently in Queensland, and it is on the right track in suggesting public service jobs are a large share of new jobs created, but … Continue reading →

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

Townsville’s double digit unemployment rate signifies major downturn in region

Posted on July 22, 2016 by Gene Tunny

Yesterday afternoon I had a good chat with Pat Hession on Townsville ABC Radio about the latest discouraging unemployment data for my old home town of Townsville. Readers will be familiar with the vastly different economic conditions across Queensland (see … Continue reading →

Posted in Labour market, Townsville, Uncategorized | Tagged , , , , , | 17 Comments

HILDA reveals very wealthy Canberra households, while Queenslanders much less wealthy

Posted on July 21, 2016 by Gene Tunny

The relatively high salaries of Canberra public servants are allowing them to build up healthy asset portfolios, while average Queenslanders are much less wealthy, according to the University of Melbourne’s Household, Income and Labour Dynamics Australia Survey, the latest report … Continue reading →

Posted in Education, Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , | 2 Comments

Judith Sloan right to criticise over-reliance on renewable energy

Posted on July 19, 2016 by Gene Tunny

Judith Sloan, Contributing Economics Editor to the Australian, has a brilliant op-ed in the paper today (see Energy price reveals folly of renewables) criticising policies targeting renewable energy, following the wholesale electricity price spike that occurred in South Australia last … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , , , , | 4 Comments

Qld unemployment rate creeps up to 6.5 percent due to ongoing weakness in regions

Posted on July 14, 2016 by Gene Tunny

NAB Chief Economist Alan Oster had a memorable quote regarding the latest NAB Business Survey results published in The Australian yesterday: “West Australia is going backwards, South Australia is in no great shakes and Northern Queensland is just as bad, … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 2 Comments

ANU’s Ben Phillips quantifies the real per capita earnings declines in Qld and WA post-mining boom

Posted on July 12, 2016 by Gene Tunny

ANU Associate Professor Ben Phillips, who was in the same UQ Economics Honours class as me, has released an excellent note Trends in Household Living Standards in Australia: 1990 to 2016, which shows significant declines in real per capita earnings … Continue reading →

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

Makin and Pearce confirm urgency of Budget repair in Conference of Economists paper

Posted on July 10, 2016 by Gene Tunny

At the Australian Conference of Economists in Adelaide this week, Griffith University Economics Professor Tony Makin and ESA Qld Vice President Julian Pearce will present a very interesting paper titled Fiscal Consolidation and Australia’s Optimal Public Debt. Tony and Julian … Continue reading →

Posted in Budget, Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment