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Recent Posts
- Money on the Screen – film industry episode of Economics Explained podcast
- Qld-Commonwealth argy bargy over dam funding & vertical fiscal imbalance
- The Gig Economy – Economics Explained episode with Darren Brady Nelson
- Government Budget Analysis Training Day on 22 November at the Johnson, Spring Hill, Brisbane
- Economics of Infrastructure with Craig Lawrence podcast discussion – Part 2
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Lowest confidence in six years - not a happy Friday in Qld
- Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects
- Top twenty largest cities and towns in Queensland by population
- West is best - high income earners love Brisbane's leafy western suburbs
- Qld Gov't public service bonus demonstrates ongoing relevance of Beautiful One Day, Broke the Next
- Blunt message to states from Canberra on recreational cannabis - guest post from Stephen Thornton
- Qld: hot or not? My presentation at the Brisbane Club on Wednesday 6 February
- No wonder TSBE is mad – Toowoomba businesses missing out on generous payroll tax discounts
- Huge regional disparities in Qld Government capital spending per capita
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Blogroll
Tag Archives: wages
How you can automate ABS data analysis and charting using R – preview of my upcoming course
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
Posted in Macroeconomy, Uncategorized
Tagged abs, businessindicators, datascience, gdp, r, sales, thejohnson, wages
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My comments in “Liberal bloodbath” Diplomat article
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
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abc, auspol, australia, inflation, thediplomat, unemployment, wages
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Low wages growth & the drop in household saving – 612 ABC Brisbane panel discussion
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
Posted in IR, Labour market, Macroeconomy, Uncategorized
Tagged 612abcbrisbane, abc, cciq, minimumwage, qcu, saving, smallbusiness, trade, treasury, unions, wages
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US recovery on track, while Australian economists wait anxiously for latest National Accounts
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 abs, agriculture, australianeconomy, bls, cashrate, china, fed, federalreserve, fundsrate, interestrates, japan, nationalaccounts, teq, tourism, us, useconomy, wages, wheat
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ANU’s Ben Phillips quantifies the real per capita earnings declines in Qld and WA post-mining boom
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
Posted in Macroeconomy, Mining, Uncategorized
Tagged australia, earnings, gladstone, livingstandards, mining, qld, queensland, resources, wages
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RBA to address ESA Qld seminar on recent labour market developments
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
Posted in Labour market, Macroeconomy
Tagged bubble, cashrate, houseprices, inflation, interestrates, rba, sydney, wages, wpi
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