Tag Archives: us

Upcoming ESA Qld event: How economics improved the world in 2016

2016 has not been a good year for economics. Brexit and the US Presidential election result both implied a rejection of free trade and free markets by large numbers of people in the UK and US. Economists have learned that … Continue reading

Posted in qut, Retail trade, Uncategorized | Tagged , , , , , , , , , , , | 4 Comments

Ironic that Trump may just be the shock financial markets needed

The election of Donald Trump as US President is undoubtedly a huge shock to global financial markets. Even though it is highly uncertain what policies he will ultimately adopt and can get passed by Congress, it is highly probable he … Continue reading

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

After botched 2016 Census, let’s have it every ten years and properly resource and manage it

The compliance cost to the community of the upcoming Census has been magnified by the anxiety its botched implementation is causing Australians (see this Fairfax report on Census chaos). It appears many elderly Australians have been surprised by the letters … Continue reading

Posted in Population, Uncategorized | Tagged , , , , , | 6 Comments

Economic outlook & collaborative economy presentation

The first day of the CPA Australia Not-for-Profit Conference was held in Brisbane today and I gave a presentation on the economic outlook and the collaborative economy that I gave in Sydney and Melbourne last week. My slides are available … Continue reading

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Great presentation by HSBC’s Paul Bloxham on the economic outlook to ESA Qld

In Brisbane today, HSBC’s Chief Economist (Australia & NZ) Paul Bloxham gave a terrific presentation on the economic outlook to the Queensland branch of the Economic Society of Australia, of which I am the Secretary. You can download his slides, … Continue reading

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

What I’m reading – Bernanke’s Courage to Act

One of my favourite passages in Ben Bernanke’s memoir of the financial crisis and its aftermath, The Courage to Act, describes how, on the way to the Federal Reserve building to deal with the imploding Bear Stearns, Bernanke takes the … Continue reading

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

Carbon tax repeal good news for Qld economy

I’m very pleased the Senate will allow the repeal of the carbon tax (Carbon tax to be abolished on third attempt), given that: Queensland would have been disproportionately affected due to our heavy reliance on coal-fired power generation; and it never made … Continue reading

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Debt ceiling is an important constraint on government expenditure

I’m somewhat surprised that the Economist in its latest issue argues the US debt ceiling “serves no useful purpose and should be abolished” (From cliff to ceiling). A debt ceiling is important because it forces the Government to consider the aggregate … Continue reading

Posted in Budget | Tagged , , , , , , , , , , , | 2 Comments

Top ten countries for imports to Qld and exports from Qld

Based on today’s new ABS international trade statistics, I prepared the charts below, which show Japan and China are our top two export destinations and the US and China are our top two sources of imports: I was initially surprised by … Continue reading

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