Monthly Archives: September 2011

Move Labour Day, not Queen’s Birthday

Posted on September 18, 2011 by Gene Tunny

I’m pleased to read the Government is reviewing Queensland’s productivity-sapping cluster of public holidays in the first half of the year: Queen’s Birthday public holiday could be moved to later in year under controversial review of Qld public holiday system … Continue reading →

Posted in IR | 1 Comment

Where do containers landing at Port of Brisbane go?

Posted on September 17, 2011 by Gene Tunny

The answer is in a great new data set from the ABS, Experimental Statistics on International Shipping Container Movements:

Posted in Brisbane, Transport | Leave a comment

ULDA is a financial risk for government

Posted on September 16, 2011 by Gene Tunny

Previously I’ve asked “Does Queensland need an Urban Land Development Authority?” and it appears my concerns were well placed. Yesterday’s Townsville Bulletin reports Flood risk puts housing sales on hold: A STATE Government housing project at Oonoonba has been taken … Continue reading →

Posted in Housing, Townsville | 2 Comments

$660 million of mineral exploration expenditure in Qld in 2010-11

Posted on September 14, 2011 by Gene Tunny

These charts are based on data from the latest ABS Mineral and Petroleum Exploration publication:

Posted in Mining | Leave a comment

Qld still set to boom

Posted on September 14, 2011 by Gene Tunny

BIS Shrapnel has come to the same obvious conclusion as everyone else who has looked at the planned resources sector investment in Queensland (Growth years tipped for Queensland): QUEENSLAND can look forward to booming growth in the next four or … Continue reading →

Posted in Macroeconomy, Mining | Leave a comment

Time to cut our losses on industry assistance

Posted on September 13, 2011 by Gene Tunny

Michael Stutchbury has a great article in today’s Australian calling for some hard headed thinking on IR and government support for manufacturing (Old talk on tax and jobs). He notes: The October 6 jobs forum announced by Julia Gillard and … Continue reading →

Posted in Industry policy, IR | 4 Comments

Queensland remains top destination for interstate migrants

Posted on September 11, 2011 by Gene Tunny

OESR’s latest Population Growth Highlights and Trends report released on Friday notes: Despite Queensland’s relatively low level of net interstate migration in 2010, its net gain of 7,200 was the largest of all Australian states. Victoria gained 2,900 new residents … Continue reading →

Posted in Migration, Population | 1 Comment

CSG projected to generate $20-30 billion p.a.

Posted on September 10, 2011 by Gene Tunny

From the latest Queensland Gas Market Review, released yesterday: Based on these numbers, and a forecast gas price of $7-8/GJ, coal seam gas (CSG) producers would earn total revenues of $20-30 billion per annum by 2030. The Australian has coverage … Continue reading →

Posted in Energy | Leave a comment

Qld unemployment rate increases to 6.2% – due to surge in labour force participation

Posted on September 8, 2011 by Gene Tunny

There is no point worrying too much about monthly movements in the labour force data, as several months of data are usually necessary to identify clear trends, as I noted in my previous post Media over-reacts to jobs data. Hence, … Continue reading →

Posted in Labour market, Macroeconomy | Leave a comment

Gold Coast building industry still suffering from pre-GFC over-investment

Posted on September 7, 2011 by Gene Tunny

With high vacancy rates for both residential and commercial property – a legacy of the pre-GFC boom in construction on the Gold Coast – there is little need for additional construction activity on the Coast any time soon. Hence, it’s … Continue reading →

Posted in Gold Coast | Leave a comment