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Practice Questions

Explain the impact each of the following events may have on the value of the Australian Dollar. Draw a price mechanism model to support your answer. 
1. Recent fiscal policy announced in China includes significant stimulus toward construction projects. 
2. "Tourism NZ" launches a program to boost tourism, expanding incoming flights and subsidising hotel and accommodation providers.




Half-day conference and AGM | QETA

We are excited to announce details of our final professional development event for the year. A half-day conference being held on Saturday November 16, 8.30am – 11.30am at Brisbane Grammar School with Keynote Speaker – Commissioner of the Productivity Commission and President of the Economics Society of Australia Catherine de Fontenay will present on economic mobility from the recent fantastic PC report  Fairly equal? Economic mobility in Australia - Commission Research Paper - Productivity Commission (pc.gov.au). We will also have an economic update and a chance for some professional collaboration before we move into our formal AGM. We encourage members to think about whether they would like to join us on the Committee next year! Following the AGM we will host refreshments at the Normanby Hotel, an informal networking event which from feedback, a lot are seeking. Secure your ticket today.


Why we need a wealth tax | Financial Times (UK)

"Free Lunch of Film" is a great series from the UK's Financial Times which looks at somewhat unorthodox economic ideas -- things like universal basic income net-zero emissions. It could be a great way to bank some ideas for new policies to evaluate, explore cost-benefit analysis, etc. Here's a great episode on a "wealth tax" and potential implications.

From FT:

A well-designed net wealth tax can raise revenue and tackle inequality, argues the FT's Martin Sandbu. But critics say a wealth tax is hard to value, unfair to savers and inefficient. Welcome to Free Lunch on Film where unorthodox economic ideas are put to the test. 

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