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Recent Posts
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- Cross River Rail cost blowout means project doesn’t stack up
- Remarkable turnarounds for Townsville, Mackay, and Cairns
- Queensland leads Australia on obesity
- 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
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- Urban sprawl filling in the 200km City
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Blogroll
Tag Archives: stimulus
Fiscal Stimulus with Fabrizio Carmignani – my latest Economics Explored podcast episode
Fiscal stimulus is very topical worldwide, with the new US President Joe Biden proposing a US$1.9 trillion COVID relief and stimulus package. And, in Australia, there is a debate occurring over how to support the tourism sector once JobKeeper finishes … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, cashhandouts, debt, debttogdp, deficits, fiscalpolicy, fiscalstimulus, inflation, jobkeeper, macroeconomicpolicy, macroeconomics, mmt, modernmonetarytheory, multiplier, ruddmoney, stimulus, surpluses, usa
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COVID compared with wartime economic impacts – my latest podcast episode
The latest episode of my Economics Explored podcast features a conversation on whether COVID can be compared to wartime. The episode considers the different scales and scopes of the shocks, and what it all means for prospects for economic recovery. In … Continue reading
Posted in Labour market, Macroeconomy
Tagged australia, bankofengland, coronavirus, covid, covid-19, debt, fed, gdp, money, production, rba, stimulus, unemployment, usa, wartime, worldwar2, ww2
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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
Posted in Industry policy, Macroeconomy, Queensland Government
Tagged budget, cciq, coronavirus, covid-19, debt, fiscalpolicy, industrypolicy, publichealth, qld, queensland, stimulus, virgin, virginaustralia
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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
Posted in Labour market, Macroeconomy, Queensland Government, Uncategorized
Tagged coronavirus, covid-19, interstateborder, jobkeeper, jobseeker, nsw, qld, queensland, rba, stimulus, victoria, zombiefirms
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A Fiscal Vaccine for COVID-19 with Tony Makin – new podcast episode
In my latest podcast episode, I speak with Professor Tony Makin of Griffith University about his new CIS Policy Paper A Fiscal Vaccine for COVID-19. In Tony’s words: “the paper considers the resurgence of crude Keynesianism before highlighting risks of … Continue reading
Posted in Budget
Tagged crowdingout, debt, deficit, economy, employment, fiscalpolicy, funds, government, imf, infrastructure, interest rate, keynes, keynesian, keynesianism, money, spending, stimulus, treasury
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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
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COVID-19 rescue package chat with CCIQ Chief Economist Marcus Smith
In both its scale and scope, the COVID-19 rescue package announced by the Prime Minister and Treasurer this morning is stunning. I spoke with CCIQ Chief Economist Marcus Smith earlier this afternoon regarding what he thinks about the package, and … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged aofm, australia, cairns, cciq, coronavirus, covid-19, debt, goa, goldcoast, mackay, newstart, payrolltax, qld, qldgovernment, queensland, rescuepackage, stimulus, townsville, unemployment
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COVID-19 & UBI chat on ABC Brisbane radio with Katherine Feeney
I had an interesting conversation this afternoon with 612 ABC Brisbane’s Katherine Feeney about coronavirus and whether Universal Basic Income (UBI) might help people get through coronavirus-induced financial difficulties (from 1.55:20): 612 ABC Brisbane Afternoons with Katherine Feeney, 17 March … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged 612abcbrisbane, australia, coronavirus, covid-19, jobs, qld, queensland, socialsecurity, stimulus, ubi, unemployment, universalbasicincome, welfaresystem
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Coronavirus, oil, and President Trump
Human psychology can influence financial markets in very weird ways, and such was the case on Monday, which was Wall Street’s worst day since December 2008. The sharp fall in equity markets around the world including here in Australia (see … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged asx, coronavirus, economy, oil, stimulus, trump
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Coronavirus catch up with CCIQ
I dropped into the head office of CCIQ on Wickham Terrace today for an update on coronavirus and for a briefing on the December quarter Pulse survey results. Once again, I spoke with CCIQ Senior Policy Officer Gus Mandigora and … Continue reading
Posted in Budget, China, Macroeconomy, Uncategorized
Tagged cciq, coronavirus, infrastructure, payrolltax, qldbudget, qldeconomy, qldgovernment, stimulus
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Queensland Economy Watch 