Tag Archives: wages

Deep recession to be quantified in June qtr National Accounts released tomorrow

Posted on September 1, 2020 by Gene Tunny

Age/SMH Senior Economics Correspondent Shane Wright has written a great summary of the business indicators data released yesterday by the ABS: An economy like 2016 as sales and wages collapse. The business indicators data are pieces of the jigsaw puzzle … Continue reading →

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Imperative to avoid bad policy measures like super increase which would set back recovery

Posted on August 24, 2020 by Gene Tunny

Prime Minister Scott Morrison is right to consider delaying the legislated increase in the 9.5% superannuation guarantee rate, which is scheduled to start increasing by half a percentage point each year from 1 July 2021 until it gets to 12%. … Continue reading →

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The Gender Pay Gap with Dr Leonora Risse – latest Economics Explained episode

Posted on December 12, 2019 by Gene Tunny

My latest Economics Explained episode on the Gender Pay Gap is now available. My guest this episode is Dr Leonora Risse, who is currently a fellow in the Women and Public Policy program at the Harvard Kennedy School. Prior to … Continue reading →

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How you can automate ABS data analysis and charting using R – preview of my upcoming course

Posted on March 5, 2019 by Gene Tunny

In my latest video, I demonstrate how I use the freeware programming language R to automate my analysis and charting of economic data, using the December quarter business indicators data published by the ABS yesterday as an example. I am … Continue reading →

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My comments in “Liberal bloodbath” Diplomat article

Posted on November 30, 2018 by Gene Tunny

Brisbane-based writer Anthony Fensom has written an excellent article at The Diplomat titled Liberal Bloodbath Repels Australian Voters in which he quotes me among other commentators: Similarly, economist Gene Tunny said the 2019 result was already a foregone conclusion, despite … Continue reading →

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Low wages growth & the drop in household saving – 612 ABC Brisbane panel discussion

Posted on September 8, 2018 by Gene Tunny

Low wages growth and the drop in household saving recorded in the June quarter National Accounts were considered in a panel discussion I participated in on Emma Griffiths’s 612 ABC Brisbane Focus program yesterday morning, which you can listen to … Continue reading →

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Courier-Mail’s public service wages-budget threat story based on Joe Branigan’s QEW guest post

Posted on April 26, 2017 by Gene Tunny

Well done to Joe Branigan on having his QEW guest post from last week, “Moody Blues”, quoted by the Courier-Mail’s Steven Wardill today (Qld Budget 2017: Public service wages threaten bottom line): THE cash-strapped State Government will have to impose … Continue reading →

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US recovery on track, while Australian economists wait anxiously for latest National Accounts

Posted on December 4, 2016 by Gene Tunny

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading →

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

ANU’s Ben Phillips quantifies the real per capita earnings declines in Qld and WA post-mining boom

Posted on July 12, 2016 by Gene Tunny

ANU Associate Professor Ben Phillips, who was in the same UQ Economics Honours class as me, has released an excellent note Trends in Household Living Standards in Australia: 1990 to 2016, which shows significant declines in real per capita earnings … Continue reading →

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RBA to address ESA Qld seminar on recent labour market developments

Posted on July 21, 2015 by Gene Tunny

As Australia has experienced below-trend economic growth recently, and the unemployment rate has crept up to around 6 per cent, reducing the bargaining power of employees, wages growth has fallen (chart above). This in turn has contributed to relatively low … Continue reading →

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