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Monthly Archives: June 2015
Michael Willis on interstate migration – Qld may benefit from trickle-down of housing price booms in Sydney & Melbourne
Regular Queensland Economy Watch reader Michael Willis sent me his thoughts on the interstate migration issues I’ve been covering recently. His thoughts are posted below. Your recent posts, confirming that public sector job cuts contributed to the turning of the … Continue reading
Posted in Migration
Tagged houseprices, interstatemigration, melbourne, migration, qld, queensland, sydney
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Qld public service redundancies likely contributed to spike in migration to NSW & Victoria
Following the ABC radio and online news coverage I received yesterday on the interstate migration issue, a friend of mine pointed out that redundancies in recent years, notably in the Queensland public service (which I thought were necessary for efficiency … Continue reading
Posted in Migration
Tagged interstatemigration, migration, nsw, publicservice, qld, queensland, redundancies, vic, victoria
7 Comments
Queenslanders leaving for professional jobs in Victoria
For over two years now, Queensland has been a net loser of people to Victoria, as the historically reliable net migration of people from Victoria to Queensland has reversed (first chart below). The conditions for mass migration out of Victoria … Continue reading
Posted in Migration
Tagged abs, houseprices, interstatemigration, migration, qld, queensland, unemployment, victoria
2 Comments
QIC takeover of GOCs is a very bad idea
As suggested in the Courier-Mail this morning, it is possible the Queensland Government will try to appear it is meeting its fiscal strategy and paying down debt through some creative accounting, involving government-owned corporations (GOCs) (e.g. Energex, Stanwell, Gladstone and … Continue reading
Qld Treasurer confirms Govt’s immense fiscal challenge with royalties write down of $3 billion
I wasn’t surprised when Treasurer Curtis Pitt today revealed there would be a write down in mining royalties of $3 billion over the Budget forward estimates (i.e. 2015-16 to 2018-19), due to both lower prices and volumes than previously forecast … Continue reading
Posted in Budget, Mining
Tagged debt, fisalstrategy, mining, qld, queensland, royalties
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Everybody’s talking about tax
With the Commonwealth Government currently undertaking a major tax review, it is timely that there are two events on tax reform being held in Brisbane next month, both supported by the Economic Society of Australia (QLD), of which I’m the … Continue reading
Posted in Tax
Tagged australia, capitalgains, gst, negativegearing, superannuation, tax, taxconcessions, taxreform
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Pockets of very high unemployment in Logan, Brisbane South West and Ipswich
I’ve produced the map of unemployment rates for local areas in the Brisbane metro area below based on the latest small area labour markets data for March 2015 from the federal Department of Employment. The data show that pockets of … Continue reading
Posted in Labour market
Tagged brisbane, ipswich, logan, riverview, salm, unemploymentrate, wacol
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