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Recent Posts
- UQ’s brilliant Critical Thinking Project explored in my latest podcast episode
- Shadow lockdown and supply-chain crisis – 9.30am Qld time livestream
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
- US libertarian public finance expert Dan Mitchell slams the “global tax cartel” Australia has joined
- Let’s hope omicron is just a short, sharp shock
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Shadow lockdown and supply-chain crisis - 9.30am Qld time livestream
- Qld Economic Outlook for 2022
- Where do Queensland's super rich live?
- UQ’s brilliant Critical Thinking Project explored in my latest podcast episode
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
- Is Townsville or Cairns the capital of North Qld?
- Qld population growth and interstate migration gains in perspective
- Economists needed to design virtual economy for Splash, metaverse entertainment start-up in Brisbane
- 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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Blogroll
Tag Archives: usa
Optimism at home, big inflation concerns abroad – catch up with my livestream at 11.30am AEST
While Australian economic policy makers are forecasting a growing economy with moderate inflation, policy makers elsewhere are concerned about accelerating inflation. In the federal budget update released yesterday, the Treasury has forecast a growing economy with inflation within the RBA’s … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, bankofengland, bankrate, inflation, jobs, minimumwage, queensland, turkey, uk, usa, usfed
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Livestream featuring US jobless claims, Aussie GDP + farewell to Tony Makin
I did a livestream earlier today with my regular co-host Tim Hughes on the latest economic news of the week, including the latest US initial jobless claims confirming a strong US economy, the impact of the omicron COVID-variant on equity … Continue reading
Posted in Macroeconomy
Tagged australia, coronavirus, covid-19, fiscalpolicy, gdp, inflation, monetarypolicy, unemployment, usa, usfed
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Billionaire and inheritance taxes podcast chat with Prof. Miranda Stewart
There are growing calls to increase taxes on the wealthy in advanced economies such as the United States and Australia. For instance, US Congresswoman Alexandria Ocasio-Cortez controversially wore a white evening dress with the words Tax the Rich written in … Continue reading
Posted in Tax
Tagged aoc, australia, billionairetax, deathduties, inheritancetax, tax, usa, wealth
2 Comments
Role of Treasury in economic policy conversation with Paul Tilley – latest Economics Explored episode
When I spoke with Scott Emerson on his 4BC Drive program last Thursday, I mentioned the federal Treasury would be currently working on options to extend JobKeeper in some form to tourism-dependent businesses. The Treasury has been prominent in developing … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, bonds, centralbank, debt, economicpolicy, economics, government, mint, treasury, uk, usa
1 Comment
Interest rates and inflation with Michael Knox, Chief Economist of Morgans
Jonathan Shapiro has an interesting article in the Financial Review, Why the market has suddenly woken up to inflation, in which he writes: …the lower-for-longer [interest rates] doubters are re-emerging. They believe deliberately slow-to-act central banks in the US and … Continue reading
Posted in Macroeconomy
Tagged australia, bearmarket, bonds, fed, inflation, interestrates, monetarypolicy, qe, quantitativeeasing, rba, usa
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‘Hollywood Australia’ supported by generous tax credits and other government subsidies
The Australian is reporting ‘Hollywood Australia’ a $1.5bn movie blockbuster extravaganza, covering the surge in international film productions such as Thor: Love and Thunder filming in Australia. This is partly related to Australia’s success in managing COVID and also to … Continue reading
Posted in Industry policy, Tax
Tagged australia, corporatewelfare, cronycapitalism, economics, filmindustry, foxstudios, government, hollywood, industryassistance, louisiana, subsidies, taxcredits, usa, villageroadshow
2 Comments
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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Thoughts after first full day of Brisbane lockdown
Twenty-seven hours into it, I’m still doubtful about the wisdom of the Greater Brisbane lockdown, especially on a day when no new COVID community transmission cases were announced, and on a day when, bizarrely, our Premier appeared to celebrate her … Continue reading
Posted in Brisbane, Queensland Government
Tagged brisbane, coronavirus, covid, felons, greaterbrisbanelockdown, lockdown2.0, precautionaryprinciple, qldgovernment, uk, usa
12 Comments
Cannabis Industry to Light Up – guest post by Stephen Thornton
The win by the US Democratic Party of two federal senate seats representing the state of Georgia creates a situation whereby the Republican Party will lose their majority in the Upper House. Given the Democrats control the House of Representatives, … Continue reading
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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Queensland Economy Watch 