Monthly Archives: September 2021

Qld population growth and interstate migration gains in perspective

There is much excitement about Queensland having the highest population growth in Australia at the moment (e.g. see the Courier-Mail report ‘Once in a generation boom’ SEQ investment hits $60 billion), although, of course, population growth rates in Queensland and … Continue reading

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Lockdowns cause hours worked to fall below pre-pandemic levels

In August, according to the latest ABS Labour Force data, total hours worked were well below March 2020 levels in NSW (-11.1%), and they were 2.9% below nationally and 0.9% below in Queensland (see the chart below). Victoria was slightly … Continue reading

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Young Economists to debate housing affordability measures

There is an interesting upcoming online debate on measures designed to improve housing affordability among young economists on Thursday 16 September 2021, to be hosted by the Young Economists Network of the Economic Society of Australia (ESA). Here’s the blurb:  … Continue reading

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Not quite the Smart State

The business R&D estimates published by the ABS last Friday reminded me of the limited economic impact of successive Queensland Government initiatives such as the Smart State and Advance Queensland, although there have been some successes such as the Biosciences … Continue reading

Posted in Industry policy | Tagged , , , , , , , | 2 Comments

How much momentum does business investment in Qld have?

Last week, in responding to widespread business anxiety over the economic outlook, the Queensland Treasurer tried to talk up the economy by noting the June quarter National Accounts revealed a 5.7% increase in private investment in Queensland. Such strong growth … Continue reading

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Threat of rolling lockdowns and longer border closures damaging business confidence

It’s no wonder many in the Queensland business community are anxious and desperate, as the Courier-Mail is reporting, given the Premier’s apparent abandonment of the national plan on reopening the economy (see Queensland business suffering mental and financial health crisis … Continue reading

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