Category Archives: Housing

Qld and WA were on similar growth paths, but Qld got knocked off by GFC

Posted on May 8, 2013 by Gene Tunny

This month’s RBA chart pack contains a nice, informative chart depicting State shares of Australia’s GDP (see below). It shows that, up until the financial crisis in 2008, Queensland, like WA, was increasing its share of national GDP, but stalled … Continue reading →

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RBA says SEQ builders see signs of improvement in sector

Posted on March 14, 2013 by Gene Tunny

Christopher Kent of the RBA has given an informative speech on Recent Developments in the Housing Market, in which he noted there are signs of improvement in the SEQ building industry: Approvals in Queensland have been subdued, particularly on the … Continue reading →

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HIA still worried about Qld housing industry

Posted on February 19, 2013 by Gene Tunny

Building approvals are a reasonably good leading indicator of economic activity across the economy because the construction industry employs nearly 10% of the workforce (see this OESR table) and it buys a lot of products from other parts of the … Continue reading →

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Still waiting for building industry recovery

Posted on February 4, 2013 by Gene Tunny

New ABS building approvals data show building approvals (seasonally adjusted) in Queensland increased by nearly 8% in December 2012, but they remain at a low level: The national data aren’t encouraging. See, for example, coverage at MacroBusiness (Building approvals fall … Continue reading →

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Qld building industry recovery postponed

Posted on January 10, 2013 by Gene Tunny

In a post last month I observed that of the so-called four pillars of the Queensland economy – agriculture, construction, resources and tourism –  the resources sector has been the only one with employment growth in recent years. Unfortunately, new … Continue reading →

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Impressive start to Qld Govt data disclosure – check out Dept of Communities grants data

Posted on December 17, 2012 by Gene Tunny

The news.com.au article Queensland Police are zeroing in on crime, and a planned street map of offences will be just a click away alerted me to the Queensland Government data website, which, while incomplete, represents an impressive start to making the huge … Continue reading →

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Building industry recovery most evident in Brisbane and Central Qld (192% growth through the year)

Posted on December 14, 2012 by Gene Tunny

After reading the Townsville Bulletin report Housing Industry is Rebuilding I found the Master Builders media release on the ABS’s regional building approvals data released earlier this week. The media release includes a useful summary of the data that has … Continue reading →

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40,000 jobs from Caloundra South development?

Posted on November 21, 2012 by Gene Tunny

The report in the Courier-Mail this morning Caloundra South Estate to bring 40,000 jobs to Sunshine Coast appears so over-the-top you know something must be wrong with it. Based on the public environment report Urbis has prepared for Stockland (the … Continue reading →

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Large decline in rate of homelessness in Qld over last decade

Posted on November 12, 2012 by Gene Tunny

I have no idea whether this is due to good luck or good management, but ABS Census data released today show Queensland’s rate of homelessness has fallen over the last decade to be comparable with rates in NSW and Victoria:

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Ipswich to lead building industry recovery

Posted on November 1, 2012 by Gene Tunny

There is more encouraging news for the building industry today, with a report that Queensland’s biggest housing development, at Ripley Valley 5km south-west of Ipswich CBD, has commenced, as reported in the Queensland Times: AFTER more than five years of … Continue reading →

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