Monthly Archives: January 2013

Growing list of impacts and costs of big wet

One economic impact I failed to explicitly mention in my post yesterday on the economic impact of the big wet is the impact on the sugarcane crop, which may be very signficant, as reported in the Courier-Mail this morning: Yesterday, … Continue reading

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Economic impact of the Big Wet in Queensland

The heavy rain, winds and floods that have resulted from ex-tropical cyclone Oswald have caused a large amount of human suffering and will have an adverse short-term impact on Queensland’s economy. I expect the adverse short-term impacts will arise mainly as … Continue reading

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People marginally attached to the labour force behind participation rate movements

In the early 2000s, when Queensland’s unemployment rate seemed permanently stuck around 1-2 percentage points above the national average, it was common for Premier Beattie and Employment Minister Braddy to note that our relatively higher participation rate placed us at … Continue reading

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Brisbane metro labour market in bad shape

According to ABS regional labour force data, the latest batch of which was released today, the rise in Queensland’s unemployment rate over 2012 was driven by a weakening labour market in the Brisbane metro area – a deterioration which was … Continue reading

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Weird OECD create your own economy competition

In principle, I think it’s a good idea that the OECD is reaching out to young people to get them interested in economic policy issues, but this video competition strikes me as weird: Think differently: How would you shape tomorrow’s … Continue reading

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Qld’s sluggish labour market persists – unemployment at 6.2% (compared with 5.4% nationally)

The Queensland unemployment rate was recorded at 6.2% (seasonally adjusted) in December 2012, up slightly from 6.1% in the previous month. The number of unemployed persons has increased to nearly 154,000, compared with 130,000 twelve months previously. The result is … Continue reading

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Townsville Super Stadium-land sales link would only be indirect

Rugby league has a massive following in Townsville, and I remember there was a betting comp on the Winfield Cup among students at Kirwan High in the late eighties, back when the Broncos were the only Queensland team in the … Continue reading

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