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Recent Posts
- Qld private sector spending has been falling while government has continued to grow
- Panama papers & multinational tax avoidance Economics Explained episode with QUT’s Prof. Raimondos
- Overly optimistic reactions to discouraging GDP data
- Sluggish economy & lower coal prices could put Qld gov’t in operating deficit
- The media & digital disruption – podcast interview with Rebecca Archer
Top Posts & Pages
- Qld private sector spending has been falling while government has continued to grow
- Top twenty largest cities and towns in Queensland by population
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Ten years since Queensland lost its AAA credit rating
- Behavioural economics with Dr Brendan Markey-Towler – latest Economics Explained episode
- Pros and cons of a $300M royalties holiday for the Adani mega mine
- Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects
- Sluggish economy & lower coal prices could put Qld gov’t in operating deficit
- Gruen’s Evaluator General agency should be separate from federal Treasury
- Suncorp-CCIQ Pulse Survey confirms decline in business confidence
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Category Archives: Macroeconomy
Qld private sector spending has been falling while government has continued to grow
In Queensland, our over-reliance on the public sector continues, according to the September quarter National Accounts figures from the ABS, which have reinforced concerns about the strength of the national economy and various state economies, including Queensland’s. The National Accounts … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, exports, gdp, qld, qldtreasury, queensland, statefinaldemand
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Overly optimistic reactions to discouraging GDP data
The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, economicgrowth, gdp, gdpgrowth, nationalaccounts, nsw, qld, queensland, rba, statefinaldemand, victoria
2 Comments
Lowest confidence in six years – not a happy Friday in Qld
Earlier this year I encountered some resistance at various presentations I gave on the gloomy outlook for the Queensland economy, but I suspect I wouldn’t get much push back now. Today, the Courier-Mail is reporting on its latest YouGov poll results: CONFIDENCE … Continue reading
Posted in Infrastructure, Macroeconomy, Uncategorized
Tagged abs, australia, capex, economy, lng, nab, qld, queensland
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Federal & state spending propping up national & state economies
I feel sorry for Treasurer Josh Frydenberg, who has the duty of talking up the economy regardless of what the National Accounts data are saying. As you’re no doubt aware by now, the June quarter 2019 National Accounts published by … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, gdp, gsp, nationalaccounts, qld, queensland
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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 abs, bankruptcies, capex, jobs, mining, qld, queensland
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
Posted in Macroeconomy, Uncategorized
Tagged australia, construction, gdp, nationalaccounts, qld, queensland
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Brisbane Club presentation on Qld economy & latest Value of the Census post at the Mandarin
Last Friday, I presented my thoughts on the economic outlook and the recent Queensland state budget at the Brisbane Club. I highlighted the positives (e.g. resource exports, international education) and negatives (e.g. low business confidence and subdued business investment across … Continue reading
Posted in Budget, Labour market, Macroeconomy, Uncategorized
Tagged abs, brisbaneclub, census, qldbudget, qldeconomy
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