Monthly Archives: February 2014

FIFO & DIDO workers in Qld gas fields nearly doubled in 2013

The new data from Queensland Treasury on non-resident – i.e. fly-in, fly-out (FIFO) or drive-in, drive-out (DIDO) – workers in the Surat Basin illustrate the boom we’re seeing in the gas-field communities out west of Toowoomba on the Darling Downs, … Continue reading

Posted in Macroeconomy, Mining | Tagged , , , , , , , , , , , , | 3 Comments

Queensland has too many low-performing schools

One major challenge the current Queensland Government faces is the need to reform a school system that historically has had a disproportionate number of low-performing schools. The extent of poor performance among our secondary schools is pretty clear in data … Continue reading

Posted in Education | Tagged , , , , , | 13 Comments

BCC still needs to fix up paid parking in the Brisbane CBD

Last August I posted on how changes to paid parking  arrangements in Brisbane CBD have adversely affected CBD businesses, particularly in the southern part of the CBD – the part of the CBD which finds it tough enough already owing … Continue reading

Posted in Brisbane, Retail trade | Tagged , , | 3 Comments

Is employment a lagging indicator of the economy?

A tendency has developed among commentators to dismiss the relevance of discouraging employment data, based on the view that the labour market is a lagging indicator of the economy (e.g., a recent post by a prominent Australian economic commentator: Crappy … Continue reading

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

CPD recommends endowment fund – forgets Qld has projected debt of $80 billion

The Centre for Policy Development’s new report All Boom, No Benefit? Why Queensland needs a new economic strategy ignores some important facts about the Queensland economy and contains some half-baked policy recommendations. The report is getting media attention because it … Continue reading

Posted in Budget, Mining, Uncategorized | Tagged , , , , , | 7 Comments

Sorry to tell you, QTC, but the labour market is not a lagging indicator

I’m glad Queensland Treasury Corporation (QTC) remains optimistic about the economic outlook, even after last week’s discouraging labour force data, but I’m afraid one reason behind its optimism is unfounded. In its Weekly Market and Economics Review sent out via … Continue reading

Posted in Labour market | Tagged , , , , , , , , | 9 Comments

NQ and Mackay region builders the least optimistic

I just noticed Master Builders Queensland released its latest survey of industry conditions last week. While it shows a positive outlook on average across all regions, the outlook is only just positive in the North Queensland and Mackay regions (see … Continue reading

Posted in Housing, Mining, North Queensland, Townsville | Tagged , , , , , , , , | 6 Comments