Category Archives: Macroeconomy

Qld small businesses not as optimistic as those in NSW and Victoria

Posted on April 7, 2016 by Gene Tunny

Queensland’s lacklustre economy is reflected in our small and medium businesses remaining less optimistic than those nationwide, particularly in NSW, Victoria, Tasmania and the ACT, according to the latest Sensis survey of small and medium businesses, those businesses with fewer … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , | 3 Comments

Economists and their models

Posted on April 5, 2016 by Gene Tunny

Across Brisbane at the moment there is a huge amount of residential construction activity, particularly of apartment towers. Our understanding of supply and demand suggests this will suppress the growth of unit prices in the near future, or in the … Continue reading →

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Qld Jobs Growth Summit timely, but needs to be more than a talkfest

Posted on March 31, 2016 by Gene Tunny

Queensland’s under-performing economy was illustrated by job vacancies data for February released by the ABS today (see chart above). While vacancies have grown strongly over the last twelve months nationwide, especially in NSW and Victoria, they have remained flat in … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 6 Comments

Comment in Courier-Mail on volatile Qld jobs data

Posted on March 18, 2016 by Gene Tunny

With the huge volatility in State unemployment rate estimates, demonstrated by the ABS seasonally adjusted estimate of Queensland’s unemployment rate falling from 6.4% in January to 5.6% in February, and the SA rate increasing from 6.8% to 7.7%, the ABS … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 3 Comments

Economic outlook & collaborative economy presentation

Posted on March 16, 2016 by Gene Tunny

The first day of the CPA Australia Not-for-Profit Conference was held in Brisbane today and I gave a presentation on the economic outlook and the collaborative economy that I gave in Sydney and Melbourne last week. My slides are available … Continue reading →

Posted in Macroeconomy, nfps, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Regional rescue packages have a poor record

Posted on March 6, 2016 by Gene Tunny

The Sunday Mail reported this morning that Queensland Federal Government MPs are “at odds over federal relief funding for Queensland” in response to the economic downturn in much of the State outside SEQ (e.g. note the large job losses in … Continue reading →

Posted in Labour market, Mackay, Macroeconomy, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , | 5 Comments

What economic indicators should board directors monitor?

Posted on March 5, 2016 by Gene Tunny

I have recently published an article on the website of the corporate governance consultancy firm Effective Governance, at which I am a specialist adviser, regarding: What Economic Indicators Should Board Directors Monitor? The article was inspired by a recent Harvard … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

International visitors take advantage of lower Aussie dollar

Posted on March 3, 2016 by Gene Tunny

Expenditure by international visitors to Queensland increased to over $4.9 billion in 2015 from $4.2 billion in 2014, a 19% increase, according to new International Visitor Survey data released by Tourism Research Australia (see chart below). This was less than … Continue reading →

Posted in Macroeconomy, Tourism, Uncategorized | Tagged , , , , , , , , | 4 Comments

Qld economy supported by State & local Gov’t CAPEX in December quarter

Posted on March 2, 2016 by Gene Tunny

The latest National Accounts released by the ABS were better than expected, with the national economy growing at 0.6% in December quarter 2015 and 3% through-the-year. Regarding Queensland, state final demand barely moved with a 0.1% increase, but that does … Continue reading →

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

Qld economy patchy – SEQ appears fine, but much of rest of Qld struggling

Posted on February 27, 2016 by Gene Tunny

I had a nice chat with Ben Davis on his 4BC Live program yesterday afternoon about the state of Queensland’s economy, a discussion which was inspired by the flurry of press releases that came from the State Government in the … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 10 Comments