Monthly Archives: December 2012

Mining has been only “pillar” generating jobs

Queensland Investment Corporation CEO Damien Frawley made some astute observations on the outlook for Queensland’s economy, which were reported in the Courier-Mail this morning: THE resources boom will leave a lasting legacy for Queensland’s economy regardless of when it runs … Continue reading

Posted in Agriculture, Labour market, Macroeconomy, Mining | Tagged , , , , , , , | 1 Comment

Building industry recovery most evident in Brisbane and Central Qld (192% growth through the year)

After reading the Townsville Bulletin report Housing Industry is Rebuilding I found the Master Builders media release on the ABS’s regional building approvals data released earlier this week. The media release includes a useful summary of the data that has … Continue reading

Posted in Housing | Tagged , , , , , | Leave a comment

Domestic tourism continues to recover in Qld

There is some useful information on recent trends in domestic tourism (i.e. Australians holidaying in Australia) in Tourism Queensland’s latest Domestic Tourism Snapshot for the year ended September 2012. Domestic tourism in Queensland continues to recover, but still appears below … Continue reading

Posted in Tourism | Tagged , , , , , , , , | 2 Comments

Federal fiscal restraint also contributed to Qld’s September qtr slowdown

I’m grateful again to OESR for its repackaging and analysis of ABS data, as its National Accounts State Details brief released yesterday contains a handy table unpacking the September quarter fall in State Final Demand of 1.6%. I’ve reproduced the … Continue reading

Posted in Macroeconomy | Tagged , , , , , , | Leave a comment

Unemployment rate may have peaked

There is great news in the ABS Labour force data for November that were released today. Unemployment may have peaked and hopefully we won’t see a repeat of the awful September quarter National Accounts result for Queensland that we saw … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , | Leave a comment

More young women studying full-time due to sluggish labour market

Katherine Feeney has an interesting article in the Brisbane Times today on the decline in labour force participation (i.e. working or actively looking for work) among young women in Brisbane since the financial crisis (Young women out of work): In … Continue reading

Posted in Labour market, Retail trade | Tagged , , , , , , , | Leave a comment

Tourism recovering at slower rate in Qld than in rest of Australia

Queensland’s tourism industry is recovering at a slower rate than that of the rest of Australia, as shown in these charts from Tourism Queensland’s new International Tourism Snapshot:     Pete Faulkner at Conus Economics Blog has some insightful analysis of … Continue reading

Posted in Cairns, North Queensland, Tourism | Tagged , , , , | 1 Comment