Monthly Archives: January 2012

Tender for coal exploration permits a good way to help repair budget

The new Henry-Review-inspired tender system for coal exploration permits, announced by Treasurer Fraser on Friday, is a clever, low cost way to raise much needed revenue to help fix the Queensland budget. The Mid Year Fiscal and Economic Review has … Continue reading

Posted in Budget, Mining, Tax | Leave a comment

Boom town on the Range

Anyone who has traveled through Toowoomba on the congested Warrego Highway in  recent times would agree that the city is booming, with signs of activity everywhere. The town is a major service centre for the Surat Basin, being the base … Continue reading

Posted in Toowoomba | Leave a comment

Rebound in building approvals, but still at low levels

Building approvals are a useful leading indicator of economic activity so it was good to see the rebound in the ABS’s building approvals data for November (see chart below), possibly due to the Melbourne Cup day rate cut. But, given … Continue reading

Posted in Macroeconomy | Leave a comment

Retail data show Qld and WA healthy, Victoria and ACT sick

The markets didn’t like today’s flat retail trade data from the ABS (Dollar falls on disappointing retail data), but at least Queensland retail trade grew reasonably in November. In terms of monthly growth in retail turnover, Queensland is second only … Continue reading

Posted in Retail trade | Leave a comment

ABS data confirm Qld tourism stuck below pre-crisis levels

While hotel, motel and serviced apartment occupancy rates appear to have recovered nationally, the occupancy rate in Queensland remains significantly below pre-financial crisis levels, according to the new ABS Tourist Accommodation data released today:

Posted in Tourism | Leave a comment

Should the Government provide social housing?

Today’s Courier-Mail report on problems with the management of Queensland’s social housing stock makes me wonder if there is a better way for the Government to assist poor households (70,000 on housing wait list): There are 69,180 people, roughly the … Continue reading

Posted in Housing | Leave a comment

Governments will need to re-think childcare reforms

The Productivity Commission is by now used to governments ignoring its well-crafted, realistic economic policy advice, but usually the advice is ignored because it’s politically toxic – e.g. it would upset the entire population of Tasmania. Currently, however, governments across … Continue reading

Posted in Education | Leave a comment