Monthly Archives: September 2013

Queensland doing relatively better than Southern States, but growth still subpar

Posted on September 5, 2013 by Gene Tunny

It’s good that Premier Newman is upbeat about the economy, but I’m less excited about yesterday’s ABS National Accounts figures than he appears to be, based on this morning’s Courier-Mail report: Campbell Newman seizes on ABS data showing Queensland growing … Continue reading →

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Very little real growth in retail trade since financial crisis

Posted on September 4, 2013 by Gene Tunny

Yesterday’s retail trade data for July from the ABS were disappointing and continue to show consumers are reluctant to spend. Indeed, in real terms (i.e. adjusting for inflation), there has been practically no growth in retail turnover since the financial … Continue reading →

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Housing outlook improving

Posted on September 3, 2013 by Gene Tunny

Yesterday’s building approvals data from the ABS should be encouraging for the Queensland building industry because they signal a recovery in housing construction, just as approvals of new apartment stock are declining. Approvals of private houses are trending upwards (first … Continue reading →

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