Category Archives: Agriculture

Greater labour mobility a better way to assist PNG than budgetary support

Last Thursday, ABC News reported that Papua New Guinea has asked for a re-direction of Australia’s foreign aid program towards direct contributions to PNG’s health and education budgets. PNG, a country already struggling with high population growth and public health … Continue reading

Posted in Agriculture, Labour market, Tourism, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Health care business numbers up 17%, while retail, mining & farm business counts fall 8-9% over 2012 to 2016

The structural change the Australian economy has experienced in recent years, including the decline in manufacturing and the decline of small retailers, at the same time as health care and other service sectors are booming, reveals itself in the latest … Continue reading

Posted in Agriculture, Health, Mining, Retail trade, Uncategorized | Tagged , , , , , , , | 3 Comments

Qld sugar dispute highlights constraints on minority government

The current commercial dispute between Wilmar and Queensland Sugar Limited has highlighted the constraints on the Queensland Government’s ability to prosecute sound economic policy from its position as a minority government. Wilmar is the Singaporean-based company that bought CSR Sugar … Continue reading

Posted in Agriculture, Uncategorized | Tagged , , , , , | 4 Comments

Continuing rebound in Qld private sector job vacancies at end of 2016

There was good news for the Queensland economy yesterday, with the ABS reporting a continuation of the rebound in private sector job vacancies in the final quarter of last year (see chart below). Private sector job vacancies have increased from … Continue reading

Posted in Agriculture, Housing, Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 2 Comments

US recovery on track, while Australian economists wait anxiously for latest National Accounts

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

To protect AAA, Federal Government needs to control age pension and manage the Force from the North

What an extraordinary week it has been! We began the week with no clear election winner and the prospect of a hung parliament, and now we end it with the strong likelihood the Government is back with a majority of … Continue reading

Posted in Agriculture, Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 5 Comments

Government ownership of QIC becoming less appropriate every day

The Queensland Treasurer’s media release yesterday regarding QIC’s purchase of a large stake in a Northern Australian cattle business should have raised eyebrows: Treasurer Curtis Pitt has welcomed today’s announcement that the Queensland Government’s investment manager, QIC, will acquire 80 … Continue reading

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