Monthly Archives: May 2011

Carbon tax will be even harder to sell after electricity price hike

The Queensland Competition Authority’s decision today that power prices can increase by 6.6% certainly makes PM Julia Gillard’s job of selling the carbon tax even tougher in Queensland (Power price hike set to cost $118 a year): Queensland power prices … Continue reading

Posted in Climate change, Energy | Leave a comment

New population projections confirm strong expected growth in Ipswich and Gold Coast

From the new local government population projections which Treasurer Andrew Fraser released yesterday: Ipswich to have fastest growth but Gold Coast to have most growth In the decade to 2021, Ipswich (C) is projected to grow rapidly at a very high … Continue reading

Posted in Floods, Macroeconomy, Population | Leave a comment

Great charts from OESR showing surges in online retail & mining investment

The Office of Economic and Statistical Research (OESR) in Queensland Treasury released its latest Queensland Economic Review on Friday, and it contains some excellent charts showing surges in domestic online retailing (which is part of ‘other retailing’ in the first … Continue reading

Posted in Macroeconomy, Mining, Retail trade | Leave a comment

Manufacturing continues its long steady decline

The loss of 160 jobs at Golden Circle’s Northgate plant is obviously terrible news for the workers and their families. Anyone working in the manufacturing sector needs to be aware that the long-run economic trend of de-industrialisation (and a shift … Continue reading

Posted in Macroeconomy | Leave a comment

Queenslanders not meeting mortgage repayments

In his speech on Recent Financial Developments, Ric Battellino, Deputy Governor of the Reserve Bank of Australia (RBA), observed: Recently, it has been parts of Queensland and Western Australia that have shown a deterioration in loan arrears, albeit from low … Continue reading

Posted in Housing, Macroeconomy | Leave a comment

Australia Institute on the future of retail – no more 142% mark ups

The Australia Institute’s Executive Director Richard Denniss made some insightful comments on Australia’s retail trade sector today, recognising that a significant proportion of bricks-and-mortar retailers may no longer be economically viable (Retailers guilty of 142% mark ups: Report): According to … Continue reading

Posted in Retail trade | 1 Comment

Queensland full of bolters

Queensland is leading the country in the number of bolting regions – including SEQ, Hervey Bay, Townsville and Cairns – with only Mt Isa and Longreach lagging behind. Check out this table in the excellent new Grattan Institute report Investing … Continue reading

Posted in Brisbane, Cairns, Retail trade, Townsville | Leave a comment

Climate Commission says SEQ floods-climate change link plausible, but not discernible

The Climate Commission report (The Critical Decade) is a reasonably good and well-balanced summary of the science around climate change, clearly noting the uncertainties that exist – uncertainties which make climate change a diabolical policy problem. The Climate Commission’s summary … Continue reading

Posted in Climate change | Leave a comment

Now they have a decent shopping centre, Ipswich residents are shopping locally

For many years, dedicated Ipswich Mayor Paul Pisasale has pleaded with Ipswich residents to shop locally instead of driving into Brisbane to shop. Mr Pisasale would often cast Indooroopilly Shoppingtown as the villain, noting that Myer could probably justify opening … Continue reading

Posted in Ipswich, Retail trade | Leave a comment

Copper refinery closure is bad news, but Townsville’s economic prospects are good

One of my most vivid memories from my time at Kirwan High in Townsville is of the visit my grade 8 manual arts class made to the copper refinery. Proud refinery staff tried to explain in simple terms the science … Continue reading

Posted in Townsville | Leave a comment