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Monthly Archives: February 2019
Qld mining CAPEX up 13% or by over $1 billion in 2018
The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading
Posted in Macroeconomy, Mining, Uncategorized
Tagged abs, capex, datascience, gdp, mining, qld, queensland, r
Leave a comment
Trad right on thermal coal – Qld should prepare for possible future decline of industry
Queensland Deputy Premier and Treasurer Jackie Trad is quoted in the Courier-Mail today on the future of thermal coal in Queensland: QUEENSLANDERS working in thermal-coal mines should start reskilling now to prepare for the decline of the industry, according to … Continue reading
Posted in Mining, Uncategorized
Tagged adani, batteries, centralqld, climatechange, coal, galileebasin, glencore, mackay, qld, qldtreasury, queensland, solar, thermalcoal
8 Comments
QEW week that was video – coal, negative gearing & the economic outlook
Posts from me and other commentators mentioned or alluded to in this video include: Housing industry round table with Treasurer Frydenberg at Parliament House Latest Qld wages growth and Qld labour market summary from Nick Behrens WTF happened to BNE-CNS? … Continue reading
Posted in Cairns, China, Climate change, Housing, Uncategorized
Tagged australia, capitalgains, cashrate, china, coal, cokingcoal, dalian, glencore, housing, interestrates, negativegearing, qld, queensland, rba, westpac
1 Comment
Housing industry round table with Treasurer Frydenberg at Parliament House on Monday 18/2/19
I felt honoured to attend a housing industry round table with federal Treasurer Josh Frydenberg and Assistant Treasurer Zed Seselja at Parliament House in Canberra on Monday 18 February 2019. Prime Minister Scott Morrison opened the round table but had … Continue reading
Posted in Housing, Macroeconomy, Uncategorized
Tagged alp, australia, canberra, capitalgains, cgt, housing, masterbuilders, negativegearing, propertycouncil, stampduty, tax, taxation, treasury, udia
2 Comments
Economic impacts of the North & North West Qld floods – Initial views
All week we have been hearing the awful news about all the dead cattle in North and North West Queensland as a result of the recent floods. An estimate of around half a million dead cattle has been suggested, although … Continue reading
Posted in Agriculture, Floods, Mining, North Queensland, Uncategorized
Tagged agtrends, beef, cattle, floods, nq, nwqld, qld, qldbudget, queensland
15 Comments
YIMBY, self-fulfilling prophecies, Cairns tourism & Qld GSP growth: Comments & questions on my outlook presentations
I’ve had several interesting comments and questions regarding my economic outlook presentations last week. YIMBY – Yes in my backyard In my Brisbane Club presentation last Wednesday Qld: Hot or not? I commented on Brisbane City Council’s temporary planning instrument … Continue reading
Posted in Cairns, North Queensland, Tourism, Uncategorized
Tagged cairns, economicforecasts, economists, gsp, igr, productivity, qld, queensland, teq, tourism, treasury, yimby
6 Comments
QEW week that was video – 3/2 to 9/2/19
Earlier today I recorded this wrap up of the past week, in which I discuss my recent economic outlook presentations (with the latest available at the QMCA website), Ken Henry’s resignation as NAB Chair, and Queensland’s state debt, among other … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged app, buildingapprovals, coal, economicoutlook, infrastructure, lng, qld, qmca, retailtrade, statedebt, tourism, treasury
2 Comments
Qld: hot or not? My presentation at the Brisbane Club on Wednesday 6 February
It was a great day to give an economic outlook presentation, with RBA Governor Philip Lowe announcing a change in monetary policy guidance, from saying the next rate movement would most likely be up, to saying the cash rate may … Continue reading
Posted in Infrastructure, Macroeconomy, Uncategorized
Tagged amp, app, brisbaneclub, cashrate, cciq, coal, cokingcoal, economy, interestrates, qld, queensland, rba, suncorp
2 Comments