Monthly Archives: February 2012

The 4% unemployment rate target – achievability vs sustainability

There is a good post at Loose Change on the sustainability of the Opposition’s 4% unemployment rate commitment, which links to my previous post showing that the commitment is feasible, in an arithmetic sense at least. On its sustainability, my … Continue reading

Posted in Labour market, Macroeconomy | 3 Comments

Qld business investment grew at nearly 15% per quarter in mid-2011

OESR’s State Accounts for September 2011, which were released today, contain this chart showing the massive growth in business investment (primarily resources sector related) in the June and September quarters of last year: The massive level of investment occurring across … Continue reading

Posted in Macroeconomy, Mining | Leave a comment

Qantas sheds 500 jobs, but economy gained 46,400 jobs in January

A colleague of mine thinks it says something about the quality of economic journalism in this country that Qantas shedding 500 jobs overshadowed the excellent ABS employment data released today, as shown by this screen shot from the Age website … Continue reading

Posted in Labour market | Leave a comment

Building activity improving, but will remain “fairly subdued” in many regions

Queensland Master Builders yesterday released its regional snapshots from its quarterly survey of industry conditions. The following conditions are expected over the March quarter: “fairly subdued” in Brisbane, Gold Coast, Far North, North Queensland, Sunshine Coast and Wide Bay Burnett … Continue reading

Posted in Housing, North Queensland | Leave a comment

Even closer economic relations with New Zealand?

As the world’s most remote advanced economy, and with limited resources and low visibility in international financial markets, New Zealand would see benefits in closer integration with Australia, which the two countries’ Productivity Commissions have just been commissioned to explore. … Continue reading

Posted in Budget, Macroeconomy, Migration | Leave a comment

Brisbane Economic Development Plan foreshadows public wi-fi expansion

The new Brisbane Economic Development Plan 2012-2031 says all the right things about wanting to make Brisbane more innovative and creative, attracting the best and brightest and streamlining council processes. It contains at least one really good idea, that of … Continue reading

Posted in Brisbane, Mining | 5 Comments

Home loans data confirm Qld economy is strong

Today’s new ABS housing finance commitments data show strong growth nationally in December 2011 (up 2.3% seasonally adjusted), with Queensland in second place among States and Territories:

Posted in Housing | Leave a comment