Monthly Archives: June 2016

Heavy construction decline has been greater in Qld than in WA

As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading

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

XRR business case should be released in full to give public comfort it is value for money

Yesterday, the Queensland Government sent the Federal Government the business case for the $5 billion Cross River Rail (XRR) project, but alas it has only provided the public with an inadequate, opaque four-page (not counting the cover page) summary of … Continue reading

Posted in Transport, Uncategorized | Tagged , , , , , , , | 3 Comments

Qld returns to fourth place in population growth as WA falls back

The new population data released by the ABS last week reveal Queensland is still growing slower than the national average, and much slower than Victoria (see first chart below), a State to which we are still losing interstate migrants in … Continue reading

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Stark difference in unemployment rates between resources regions and rest of Qld

The Queensland branch of the Economic Society of Australia, of which I am the Secretary, was fortunate last Tuesday to host a presentation by Queensland Treasury official Greg Uptin on the economic forecasts underpinning the 2016-17 Queensland Budget. Greg gave … Continue reading

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Brexit impact depends on terms of divorce with EU

At the Tattersall’s race meeting at Eagle Farm today, I was fortunate to run into Morgans Chief Economist Michael Knox, and we had a good chat about, unsurprisingly, what everyone else is talking about, Brexit. Michael reminded me that he … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , | 18 Comments

Upcoming Qld Treasury briefing on Budget economic forecasts to ESA Qld

As the Secretary of the Queensland Branch of the Economic Society of Australia, I am very pleased that Greg Uptin, a senior Queensland Treasury official, will once again brief us on the Treasury’s economic forecasts underpinning the 2016-17 State Budget. … Continue reading

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Workforce participation drops as Qld economy under-performs

Far North Queensland-based economist Pete Faulkner published a great analysis of the ABS labour force estimates for May on his blog yesterday (Jobs data in Qld is poor again): Unfortunately the picture in Queensland continues to be a weaker one. … Continue reading

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