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Recent Posts
- Super-high coal royalties to help address Qld hospitals crisis
- If you’re sick of politics BAU, check out my Pirate Party economics podcast interview
- Economic update: interest rates, monetary policy, fiscal policy, and coal prices
- Coaldrake integrity inquiry submission
- Unemployment and state budgets update
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Super-high coal royalties to help address Qld hospitals crisis
- Is Townsville or Cairns the capital of North Qld?
- Qld Economic Outlook for 2022
- Where do Queensland's super rich live?
- Strata ‘Management Rights’ must be reviewed by the Qld Gov’t – guest post by Stephen Thornton
- Top twenty largest cities and towns in Queensland by population
- Pockets of very high unemployment in Logan, Brisbane South West and Ipswich
- The 7 habits of highly effective economists - Part 1: Habits 1 to 3 for private victory
- Unemployment and state budgets update
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Blogroll
Category Archives: Cairns
Qld economy should cope better than NSW and Vic. economies, but our tourism regions will suffer badly
The ongoing economic fallout of the Delta outbreak continued this week, regardless of the statistical anomaly, due to people leaving the workforce, that was the reported 4.6% national unemployment rate for July. Queensland had the highest unemployment rate (5.2%) among … Continue reading
Posted in Cairns, Macroeconomy
Tagged abs, australia, cairns, covid-19, goldcoast, hoursworked, jobkeeper, lockdowns, nsw, qld, unemployment, victoria
1 Comment
Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus
Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading
Posted in Cairns, Macroeconomy
Tagged australia, brisbane, cairns, coronavirus, covid-19, flights, jobkeeper, planekeeper, qld, queensland
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Qld Premier highlights my JobKeeper comments in Instagram post
Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading
Posted in Cairns, Macroeconomy
Tagged australia, aviation, cairns, coronavirus, covid-19, depression, hospitality, inqld, jobkeeper, qld, queensland, tourism
2 Comments
Post-JobKeeper viability a concern of many Qld businesses
The Chamber of Commerce and Industry Queensland (CCIQ) has released its CCIQ Pulse Survey of Business Conditions for December quarter 2020, and it shows a continuation of the recovery in the second half of 2020 in business conditions and confidence … Continue reading
Posted in Cairns, Macroeconomy
Tagged cairns, cciq, economicoutlook, insolvencies, internationaltourism, jobkeeper, pulse, qldeconomy, savings, tourism, whitsundays
1 Comment
Qld Premier deserves some criticism, but she’s right to highlight needs of struggling tourism-dependent businesses
The NSW Premier, Sky Australia hosts, and other commentators have been quick to criticise Queensland Premier Palaszczuk over her call for the federal government to extend JobKeeper beyond the end of March for struggling tourism-dependent businesses, particularly those in Cairns … Continue reading
Qld’s regional economies & COVID-19 – video chat with Pete Faulkner
Earlier today I chatted with Pete Faulkner from Far-North-Queensland-based Conus Business Consultancy Services regarding how Queensland’s regional economies have been impacted by COVID-19. Check out the recording of our Zoom conversation below. You can download the slides we chatted about … Continue reading
Posted in Brisbane, Cairns, Labour market, Mackay, Macroeconomy, Migration, Mining, North Queensland, Population, Tourism, Townsville, Uncategorized, Wide Bay-Burnett
Tagged australia, bundaberg, cairns, coronavirus, covid-19, fnq, gdp, goldcoast, jobs, northqld, nq, portdouglas, qld, queensland, unemployment, widebayburnett
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Economic impact of COVID-19 & policy responses webinar for QUT Centre for Data Science
The video recording of a webinar on the economic impact of COVID-19 I participated in last Friday is now available. The other panellists were Danielle Wood from the Grattan Institute, Griffith Professor Tony Makin, and QUT Professor Pascalis Raimondos. My … Continue reading
Posted in Cairns, Gold Coast, Labour market, Macroeconomy, Uncategorized
Tagged australia, cairns, coronavirus, covid-19, goldcoast, grattaninstitute, griffith, hospitality, portdouglas, qld, queensland, qut, tourism, unitedstates
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State and regional unemployment rates in this time of COVID-19 with Pete Faulkner
Mission Beach-based economist Pete Faulkner from Conus Consulting has been in the news recently with his estimates of the massive adverse impacts that measures to combat coronavirus are having on Queensland’s regional economies (e.g. see the InQueensland report Jobless numbers … Continue reading
Posted in Cairns, Gold Coast, Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized
Tagged abs, cairns, conus, coronavirus, covid-19, gdp, goldcoast, jobkeeper, missionbeach, qld, queensland, townsville, unemploymentrate
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Catch up with CCIQ Chief Economist on dreadful business conditions & huge budget deficits
Yesterday afternoon I caught up with CCIQ Chief Economist Dr Marcus Smith for a phone interview on the coronavirus-induced recession/mini-depression, and you can listen to the recording here: Highlights include: 3:50 – discussion of forecasts for double-digit unemployment rates in … Continue reading
Posted in Budget, Cairns, Gold Coast, Macroeconomy, Uncategorized
Tagged anz, australia, cciq, coronavirus, covid-19, economy, jobkeeper, jobseeker, publicservice, qld, radicaluncertainty, recession, unemployment, unemploymentrate
2 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
Queensland Economy Watch 