Category Archives: Mining

Doubling of FIFO/DIDO workers in Surat Basin in 2012

Posted on January 3, 2013 by Gene Tunny

I just noticed that the Government Statistician/OESR released the 2012 Surat Basin Population Report yesterday and it shows a 97% increase in fly in-fly out (FIFO) and drive in-drive out (DIDO) workers in the Surat Basin between June 2011 and … Continue reading →

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Mining has been only “pillar” generating jobs

Posted on December 17, 2012 by Gene Tunny

Queensland Investment Corporation CEO Damien Frawley made some astute observations on the outlook for Queensland’s economy, which were reported in the Courier-Mail this morning: THE resources boom will leave a lasting legacy for Queensland’s economy regardless of when it runs … Continue reading →

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Brisbane hearing of inquiry into two pillars (ag and resources) today

Posted on November 16, 2012 by Gene Tunny

The public hearing for the Inquiry into Queensland’s Agriculture and Resource Industries in Brisbane today looks very interesting, and I will try to get along to one or two of the sessions, particularly the sessions with the Resources Council and … Continue reading →

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Latest Brisbane Economic Series issue – Energy and Resources

Posted on October 9, 2012 by Gene Tunny

The October 2012 issue of Brisbane Marketing’s Brisbane Economic Series covers energy and resources and is worth a read. I agree with the positive outlook for the Queensland economy expressed by Deloitte Access Economics: …despite a slowing of Queensland’s recent … Continue reading →

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Clive Palmer right on future of mining industry

Posted on October 3, 2012 by Gene Tunny

I agree with Clive Palmer’s comments today that the mining boom isn’t over. While Mr Palmer obviously isn’t a disinterested observer of the mining sector, he nonetheless has compelling logic backing up his case, as reported in regional papers earlier … Continue reading →

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LNG the hero of the Budget

Posted on September 11, 2012 by Gene Tunny

Queensland Treasury isn’t worried about large job losses in mining (see p. 42 of the Budget Strategy and Outlook): Notwithstanding announced cuts to operations by some companies, mining-related employment is expected to rise further, as large-scale LNG and coal projects … Continue reading →

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There will still be plenty of mining jobs in Queensland

Posted on September 10, 2012 by Gene Tunny

I’m reasonably confident there won’t be a precipitous fall in mining sector employment in Queensland, despite the news of 900 job losses across the Australian mining sector, with a large proportion of those job losses occurring in Queensland (Mining giants … Continue reading →

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Swan: Australia has investment pipeline of 1/2 trillion dollars

Posted on August 24, 2012 by Gene Tunny

In a press conference today Treasurer Wayne Swan (correctly) made it clear the resources boom isn’t over: Can I just make a couple of points about the Olympic Dam project. Australia has an investment pipeline in resources of half a … Continue reading →

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QRC warns of coal mining slump as it campaigns against royalties increase

Posted on August 21, 2012 by Gene Tunny

The Queensland Resources Council’s handy Queensland Economy website shows that the coal industry generates around $2 billion in royalties for the Queensland Government, so any decline in the coal industry would have serious budgetary implications. Hence I expect the Government … Continue reading →

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Great map from OESR showing CSG wells in Surat Basin

Posted on August 13, 2012 by Gene Tunny

OESR’s latest Surat Basin Population Report provides an update on the size of the Basin’s FIFO/DIDO workforce, which effectively adds 3,300 persons to the population of the region. This is a full-time equivalent population estimate, so the actual number of … Continue reading →

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