Tag Archives: sydney

The Other Side interview on federal debt and lockdowns

Earlier this week I spoke with Damian Coory on his The Other Side program about the massively expanding federal debt and the economic cost of lockdowns, among other issues. The YouTube video of our conversation is embedded below. Given the … Continue reading

Posted in Macroeconomy | Tagged , , , , , , | 3 Comments

Bad news for Qld tourism as border restrictions being re-imposed

Just a few weeks ago, the Queensland Premier was telling Sydneysiders she wants them to come to Queensland, but now they need a COVID test on arrival and need to isolate until they’re cleared, as the state tightens the border … Continue reading

Posted in Tourism | Tagged , , , , , | 2 Comments

Thoughts on the border decision and QPC’s productivity reform livestream

First, better late than never I suppose, so I should be thankful the Queensland Government, on 1 December, will finally open up the state to Sydneysiders and let us travel to Sydney without having to endure hotel quarantine when we … Continue reading

Posted in IR, Macroeconomy, Productivity | Tagged , , , , , , , , , , , , | Leave a comment

NSW border policy still lacks solid justification

The Palaszczuk Government’s simple and appealing message of Keeping Queenslanders Safe has helped it win an increased majority, and there is no doubt Queensland has done well to control coronavirus and our state economy has coped with the COVID-shock better … Continue reading

Posted in Macroeconomy | Tagged , , , , , , | 2 Comments

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

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

Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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The Sydney property boom and interstate migration to Qld

Regular QEW blog reader and occasional contributor Mike Willis asked some good questions in response to my post yesterday on Five million Queenslanders by EOFY 2017-18, which noted interstate migration to Queensland is trending up. “Gene, this data is reflected … Continue reading

Posted in Housing, Migration, Uncategorized | Tagged , , , , , , , | Leave a comment

Brisbane unit values fell nearly 3% on average over 12 months to end of January

The huge supply increase in Brisbane apartments has resulted in a fall in unit values of 2.7% in the 12 months to 31 January, according to new CoreLogic estimates published yesterday (see Chart 1, based on data available in the … Continue reading

Posted in Brisbane, Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 2 Comments

Sydney & Melbourne property prices defy rational explanation

At the Guardian, Gareth Hutchens criticises some market economists for their forecasts of a correction in house prices in 2016, while house prices in Sydney and Melbourne actually grew at double-digit rates. Market economists Saul Eslake and Stephen Koukoulas have … Continue reading

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

Guest post: Why are NSW mining regions enduring the mining downturn better than Qld regions?

Today I am delighted to publish a guest post from my NSW-based friend and fellow economist Alistair Robson.  Why are NSW mining regions enduring the mining downturn better than Qld regions? by Dr Alistair Robson Despite the Sydney-centric focus on … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 6 Comments