-
Join 2,154 other subscribers
-
Recent Posts
- White Elephant Stampede – podcast chat w/ Scott Prasser
- Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
- National Electricity Market malfunction of June 2022: my latest podcast episode
- Remarkable turnarounds for Townsville, Mackay, and Cairns
- Why the National Accounts matter: podcast chat with Brendan Markey-Towler
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Where do Queensland's super rich live?
- Qld Treasury right that paying down State debt is a huge challenge
- Top twenty largest cities and towns in Queensland by population
- Just what are the aliens supposed to be looking for in Maryborough?
- Urban sprawl filling in the 200km City
- ACCC right to call for Qld Gov’t to cut stamp duty on home insurance - $200 in stamp duty on each NQ home insurance policy on average
- Queensland leads Australia on obesity
- Remarkable turnarounds for Townsville, Mackay, and Cairns
- Cross River Rail cost blowout means project doesn’t stack up
Archives
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
Categories
- Agriculture
- Arts
- Basin Plan
- Brisbane
- Budget
- Cairns
- China
- Climate change
- Competition policy
- Crime
- Cyclones
- Education
- Energy
- Environment
- Exports
- Floods
- Gladstone
- Gold Coast
- Health
- Housing
- India
- Industry policy
- Infrastructure
- Ipswich
- IR
- Labour market
- Mackay
- Macroeconomy
- Media
- Migration
- Mining
- nfps
- North Queensland
- Population
- Productivity
- queensland
- Queensland Government
- Queensland Rail
- qut
- Retail trade
- Rockhampton
- Social policy
- Tax
- Toowoomba
- Tourism
- Townsville
- Trade
- Transport
- Uncategorized
- VET
- Water
- Wide Bay-Burnett
Blogroll
Tag Archives: recession
Consumer confidence indicators are very concerning
As always it’s important not to read too much into one piece of data, and generally I’ve been optimistic about the Australian economy and even more so about the Queensland economy over 2022-23, but the latest consumer confidence figures are … Continue reading
Global stagflation risk increasing – my latest podcast episode
Earlier this week, the World Bank cut its global economic growth forecast and warned of the risk of 1970s-type global stagflation, with a coincidence of high inflation and low growth and high unemployment. I had already decided to cover stagflation … Continue reading
Posted in Macroeconomy
Tagged australia, economics, fed, inflation, interestrates, monetarypolicy, rba, recession, stagflation, usa, wagepricespiral
Leave a comment
RBA’s next move: 25, 40, or 50 basis points? Michael Knox says 50 on Economics Explored
Next Tuesday, the RBA will increase the cash rate again, but it’s uncertain by just how much. Reuters is reporting RBA to raise rates a modest 25 bps in June, some call for 40 bps, where bps stands for basis … Continue reading
Posted in Labour market, Macroeconomy
Tagged australia, deficits, economics, fed, gdpgap, inflation, interestrates, monetarypolicy, rba, recession, usa
Leave a comment
Threat of rolling lockdowns and longer border closures damaging business confidence
It’s no wonder many in the Queensland business community are anxious and desperate, as the Courier-Mail is reporting, given the Premier’s apparent abandonment of the national plan on reopening the economy (see Queensland business suffering mental and financial health crisis … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, borderclosures, businessconfidence, businessinvestment, covid-19, gdp, lockdowns, nationalaccounts, qld, recession
2 Comments
National leadership needed on interstate borders
Unless we get a COVID-19 vaccine soon, we’re most likely facing years of profound economic and social pain. Every day brings more news of businesses that will never re-open and jobs lost (e.g. earlier this year Arc Dining closed permanently … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged border, coronavirus, covid-19, howardsmithwharves, mrc, nsw, pandemic, qld, queensland, recession
3 Comments
Big question now is how long and how deep the recession will be
The March quarter National Accounts released by the ABS today suggest Australia will have two consecutive quarters of negative economic growth in the first half of 2020, and hence the traditional definition of a recession will be satisfied. That said, … Continue reading
Posted in Macroeconomy
Tagged australia, coronavirus, covid-19, gdp, nationalaccounts, nsw, qld, queensland, recession, statefinaldemand, victoria
Leave a comment
Catch up with CCIQ Chief Economist on dreadful business conditions & huge budget deficits
Yesterday afternoon I caught up with CCIQ Chief Economist Dr Marcus Smith for a phone interview on the coronavirus-induced recession/mini-depression, and you can listen to the recording here: Highlights include: 3:50 – discussion of forecasts for double-digit unemployment rates in … Continue reading
Posted in Budget, Cairns, Gold Coast, Macroeconomy, Uncategorized
Tagged anz, australia, cciq, coronavirus, covid-19, economy, jobkeeper, jobseeker, publicservice, qld, radicaluncertainty, recession, unemployment, unemploymentrate
2 Comments
612 ABC Brisbane follow-up interview on AOFM bond auctions/gov’t borrowing
As I told 612 ABC Brisbane Drive program host Steve Austin earlier this evening, the Australian Office of Financial Management (AOFM) had a good day today, running a successful $2 billion bond auction, selling $2 billion of bonds at a … Continue reading
Posted in Budget, Macroeconomy, Uncategorized
Tagged 612abcbrisbane, aofm, australia, bonds, borrowing, coronavirus, covid-19, debt, recession, socialdistancing, treasury
2 Comments
The Fast Depression – 10 million newly jobless Americans in just two weeks
It is hard to overstate how rapidly economic conditions are deteriorating in economies affected by coronavirus, most particularly in the United States, which is seeing hitherto unbelievable numbers of people filing for unemployment benefits (see chart below). The 6.6 million … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged australia, consumerconfidence, coronavirus, covid-19, depression, recession, unemployment, us
2 Comments
New COVID-19 chat with Joe Branigan of Tulipwood Economics
I’ve recorded another interview on the latest COVID-19 rescue package from the federal government, this time with my good friend and former Treasury colleague Joe Branigan, Director of Tulipwood Economics. Joe provides important context for the massive rescue package. He … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged australia, coronavirus, covid-19, depression, economy, grattan, qld, queensland, recession, rescuepackage, schools, socialdistancing, stimulus, superannuation, treasury
Leave a comment