Tag Archives: victoria

Australia’s upcoming mini-Budget

Posted on July 20, 2020 by Gene Tunny

Australian Treasurer Josh Frydenberg will hand down a mini-Budget this Thursday, and it’s coming just in time, given the growing concern over the spread of COVID-19 in Victoria and NSW. I recorded a video earlier today with some thoughts on … Continue reading →

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Suppression preferred over more costly elimination strategy say Ergas & Branigan

Posted on July 17, 2020 by Gene Tunny

Henry Ergas and Joe Branigan have just had a new paper published by the Menzies Research Centre, COVID19: Getting Australia Safely Back to Work. Yesterday I interviewed Joe about the paper and you can hear our conversation using the player … Continue reading →

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

Premier’s border decision helps, but it’s still early days in any recovery from virus recession

Posted on July 1, 2020 by Gene Tunny

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 , , , , , , , , , , , | Leave a comment

Big question now is how long and how deep the recession will be

Posted on June 3, 2020 by Gene Tunny

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 →

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Overly optimistic reactions to discouraging GDP data

Posted on December 4, 2019 by Gene Tunny

The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading →

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International education boom – new ABS estimates

Posted on June 7, 2019 by Gene Tunny

My office is in the Johnson Hotel, in the middle of the international education precinct around Boundary St, Spring Hill, so I’m very conscious of the international education boom we are experiencing. Even so, I was stunned by newly released … Continue reading →

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

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

Posted on March 20, 2019 by Gene Tunny

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

Qld less reliant on overseas migration as driver of growth than southern states

Posted on December 31, 2018 by Gene Tunny

Over 2018 I have commented regularly that the Queensland economy is under-performing relative to NSW and Victoria, and this has been reflected in the state’s unemployment rate remaining above 6% while the national rate has fallen toward 5%. It should … Continue reading →

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Qld economy continues to disappoint

Posted on December 6, 2018 by Gene Tunny

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading →

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

Industry groups right to say Qld economy failing to create the number of jobs needed

Posted on December 2, 2018 by Gene Tunny

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading →

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