Monthly Archives: August 2019

Qld private sector CAPEX is disappointing – CCIQ’s Dan Petrie is spot on in today’s Courier-Mail

Today’s Courier-Mail reports some punchy comments from CCIQ spokesman Dan Petrie regarding the news that Queensland has the highest number of bankruptcies in Australia: CCIQ spokesman Dan Petrie said the level of private sector investment in the state had fallen … Continue reading

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , | 2 Comments

Qld construction activity 16% lower than in June quarter last year

Back in February, I depressed several hundred people in the construction and property sectors who heard me speak about the economic outlook at various events around Brisbane (e.g. Qld: hot or not?). It was reasonably clear from building approvals and … Continue reading

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BCC should consider economic consequences of townhouse ban

Yesterday, Brisbane City Council closed its consultation process for its proposed ban of townhouses and multi-unit developments in areas zoned low-density residential, such as Chapel Hill and Mount Gravatt (e.g. see map below). The YIMBY QLD group, led by Natalie … Continue reading

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Why is Australia’s workforce participation rate at a record high of 66.1%?

The first episode of the new season of Utopia on the ABC featured the Intergenerational Report, which projects an eventual reduction in the workforce participation rate due to an ageing population. At the moment, however, Australia’s participation rate is actually … Continue reading

Posted in Labour market, Uncategorized | Tagged , , , , , , | 3 Comments

Strata ‘Management Rights’ must be reviewed by the Qld Gov’t – guest post by Stephen Thornton

This guest post from my good friend and fellow economist Dr Stephen Thornton is on the costly rort that is strata management rights in Queensland. Views are Stephen’s and should not necessarily be attributed to me. GT The front page … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , | 2 Comments

Priorities for boosting tourism in Qld

Veteran ad man Don Morris AO spoke to the Property Leaders Brisbane group at the swanky Emporium South Bank hotel on Thursday night about how Queensland can boost tourism. Morris, now at Pure Projects, was part of the Mojo Advertising … Continue reading

Posted in Brisbane, Tourism | Tagged , , , , , , , , , , | 14 Comments

Qld has gained $7 billion from GST revenue redistribution since 2000-01

I’ve been thinking a lot recently about the forthcoming Australian Institute for Progress (AiP) discussion paper on the “golden handcuffs of federation” by well-known Queensland economist Dr John Fallon. Based on the blurb for the August 15 discussion paper launch, … Continue reading

Posted in Budget, Uncategorized | Tagged , , , , , , | Leave a comment