Monthly Archives: January 2013

Disappointing vacancies data support Treasury’s very low employment growth forecast for 2012-13

Posted on January 9, 2013 by Gene Tunny

In the Mid Year Fiscal and Economic Review 2012-13 released last month, Queensland Treasury revised down its forecast of 2012-13 employment growth from a weak 0.75% to a very weak 0.25%. The ABS job vacancies data released today lend support … Continue reading →

Posted in Labour market | Tagged , , , , , | 2 Comments

Top ten countries for imports to Qld and exports from Qld

Posted on January 8, 2013 by Gene Tunny

Based on today’s new ABS international trade statistics, I prepared the charts below, which show Japan and China are our top two export destinations and the US and China are our top two sources of imports: I was initially surprised by … Continue reading →

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

Hotels appear to have doubts about prospects for tourism recovery

Posted on January 7, 2013 by Gene Tunny

Although there has been some recovery in room occupancy rates at hotels, motels and serviced apartments since the financial crisis (see first chart below), establishments are maintaining their financial crisis levels of staffing (see second chart below), which must impact … Continue reading →

Posted in Tourism | Tagged , , , , , , , , | 1 Comment

When will interstate migration to Qld recover?

Posted on January 6, 2013 by Gene Tunny

Over the last few years, a decline in Queensland’s population growth has reinforced the economic sluggishness we’ve seen outside of the mining sector. For example, lower population growth means lower demand for new housing. In large part, Queensland’s lower population … Continue reading →

Posted in Migration, Population | Tagged , , , , | 1 Comment

Doubling of FIFO/DIDO workers in Surat Basin in 2012

Posted on January 3, 2013 by Gene Tunny

I just noticed that the Government Statistician/OESR released the 2012 Surat Basin Population Report yesterday and it shows a 97% increase in fly in-fly out (FIFO) and drive in-drive out (DIDO) workers in the Surat Basin between June 2011 and … Continue reading →

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