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Monthly Archives: March 2013
Public sector hiring freeze continues
Job vacancies data released by the ABS yesterday point to continuing weakness in the labour market, with job vacancies of 26,000 in February 2013 compared with 36,100 in February 2012. Around one-third of the decline in job vacancies through the … Continue reading
Posted in Labour market
Tagged abs, jobvacancies, publicsector, queensland, vacancies
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Tourism had reasonable December quarter, but room for improvement
The ABS released its December quarter 2012 Tourist Accommodation data today and they confirmed tourism has recovered significantly since the financial crisis but not to previous highs (see charts below).
Posted in Tourism
Tagged australia, queensland, roomoccupanyrate, tourism, touristaccommodation
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Deputy Premier the most hospitable Minister
It’s well known that Deputy Premier Jeff Seeney is a major force in the current Queensland Government, and he’s obviously taking on a big share of stakeholder management, based on Ministerial hospitality costs data released today (see chart below). The … Continue reading
Posted in Queensland Government
Tagged deputypremier, hospitality, jeffseeney, premier, queensland, queenslandgovernment, treasurer
1 Comment
Buy locally campaign unnecessary, but harmless
It seems obvious to me that buying from local businesses is good for the local economy and I suspect it’s obvious to most Queenslanders, too, but for some reason we need a Government information campaign to tell us this (Think … Continue reading
New Ipswich Coles shows regulation banning supermarket liquor sales is pointless
The Queensland Government may as well remove the regulation banning supermarkets from selling liquor, as called for by Master Grocers Australia (see this AAP story) because with co-located bottle shops they are effectively already selling liquor. This was apparent when … Continue reading
Posted in Ipswich, Retail trade
Tagged alcohol, coles, colesipswich, ipswich, liquor, liquorland, queensland, regulation
2 Comments
Qld struck by Dutch Disease – manufacturing employment has plunged in last few years
The so-called Dutch Disease of a booming resources sector and a contracting manufacturing sector has been very evident in Queensland over the last few years, as seen in the chart below based on the latest vintage of ABS quarterly labour … Continue reading
Posted in Macroeconomy, Mining
Tagged dutchdisease, employment, manufacturing, mining, queensland, resourcessector
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GFC-induced frugality hasn’t stopped drift to private schools
In the wake of the financial crisis, Australians started saving more (see my post Retail trade restrained by stubbornly high saving rate), but it appears they are still willing to spend money on a private school education for their children. … Continue reading
Pause in recovery in new motor vehicle sales in Qld
While Queensland had decent growth of 6.9% through-the-year to February 2013 in new motor vehicle sales, we actually had the lowest growth rate across all States and Territories in new sales (see today’s new ABS data). Eyeballing the data, I’m … Continue reading
RBA says SEQ builders see signs of improvement in sector
Christopher Kent of the RBA has given an informative speech on Recent Developments in the Housing Market, in which he noted there are signs of improvement in the SEQ building industry: Approvals in Queensland have been subdued, particularly on the … Continue reading
Posted in Housing, Labour market
Tagged abs, australia, brisbane, brisbaneproperty, buildingindustry, construction, labourforce, queensland, rba, seq, unemployment
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High Australian dollar has wide-ranging impacts – e.g. on CSR & local production of foreign films
The high Australian dollar has been linked to job losses at CSR, according to an AAP report (CSR blames cuts and plant closure on currency). There is no doubt the high Australian dollar is having profound impacts on a number … Continue reading
Posted in Arts, Macroeconomy
Tagged $A, aussiedollar, australia, filmindustry, foreignfilms, screenaustralia
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Queensland Economy Watch 