Category: Business economics
In an article in today’s Australian, I expand on the argument I made on the Adelaide Economic Policy Forum article last Monday (available here) that unless one party can form a majority Federal government, it would be in the public interest to go back to the polls. The key point is that a majority government […]
As we move into the post-Federal-election period, there is continuing debate about where growth will come from and what voters thought of the pitches on this question made by the various parties. Data always helps these debates and here’s an example. This is a story about exports – and services exports in particular.
An article on […]
In my January column in Company Director, titled “The election effect” (and available here), I pointed out that economic research shows that in the year leading up to an election, business investment is (on average) about 5% lower than it otherwise would be. As business investment accounts for about 15% of GDP, a typical election […]
At the SA Centre for Economic Studies’ Economic Briefing Luncheon this week, the Centre’s Deputy Director Steve Whetton, gave an excellent overview of the SA, Australian and global economies. Steve’s slides are available here.
Garry Bowditch, Executive Director of the University of Sydney’s Better Infrastructure Initiative, makes the case for reforming our approach to infrastructure investment…
All too often I attend infrastructure forums where policymakers and industry leaders call for the urgent need to fix the infrastructure deficit, by building more assets and deliver more projects. This point of view […]
Hein Roelfsema, a recent visitor to the University of Adelaide and Associate Professor of International Macroeconomics at Utrecht University in The Netherlands, has a unique perspective on the implications of Brexit…
There is no doubt about the significance of the impact of the UK’s choice to exit the EU on its economy. The market’s assessment is […]
Beef with knock-back of Kidman sale: a lost foreign direct investment opportunity – Christopher Findlay & Paul Kerin
In their article in The Weekend Australian, Christopher Findlay and Paul Kerin argue that the Federal Treasurer’s rejection of the sale of the S. Kidman & Co. cattle stations to a consortium 80% backed by private Chinese businesses has not been in Australia’s public interest. As well as forgoing the usual benefits that foreign direct […]
An article co-authored by the School of Economics’ latest recruit Benedikt Heid has just been published in the leading economics journal, the Journal of International Economics. The article estimates the gains to countries from trade liberalisation when employment effects are explicitly allowed for. For example, the article estimates that the US-Australia Free Trade Agreement (FTA) […]
In his article in today’s Australian (available here), Paul Kerin argues that governments must be weigh decisions to assist private businesses very carefully. When businesses are about to be sold through a competitive tendering process, governments jumping the gun can simply waste taxpayer dollars for no benefit. Governments must also critically assess claims about the […]
In his article titled “Government resorts to smoke and mirrors” published in today’s Australian (available here), Paul Kerin explains the arcane world of government finances and shows that the Queensland government’s claims the it is reducing debt is really just smoke and mirrors.