Category Archives: Townsville

Townsville getting $250M Super Stadium, but running out of water

One definition of economics is that it is the study of the allocation of scarce resources to competing uses. It says each additional dollar should go to the use which provides the greatest additional benefit. As such, it looks very … Continue reading

Posted in Townsville, Uncategorized, Water | Tagged , , , , , | 7 Comments

Comments in Courier-Mail on Qld regional economies and structural change

Today, the Courier-Mail is re-launching its GoQld campaign, this time with a focus on regional economies. It has rightly identified the large divergence in employment growth between SEQ and the rest of Queensland, and it is reporting a loss of … Continue reading

Posted in Labour market, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , | 3 Comments

Why the Adani mega mine is welcome news in Townsville

It is welcome news to the local community that Adani will base its Carmichael coal mine headquarters in Townsville , which has struggled with job losses and high unemployment over the last couple of years. The Townsville Bulletin reports: “Townsville … Continue reading

Posted in Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , | 3 Comments

US recovery on track, while Australian economists wait anxiously for latest National Accounts

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

Qld should benefit from strong economic performance in NSW and Victoria

The August job vacancies data released by the ABS yesterday confirm the strong economic performance we are seeing in NSW and Victoria, and they also show encouraging signs for Queensland (see charts below). Given national markets and the linkages between … Continue reading

Posted in Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , | Leave a comment

Townsville’s double digit unemployment rate signifies major downturn in region

Yesterday afternoon I had a good chat with Pat Hession on Townsville ABC Radio about the latest discouraging unemployment data for my old home town of Townsville. Readers will be familiar with the vastly different economic conditions across Queensland (see … Continue reading

Posted in Labour market, Townsville, Uncategorized | Tagged , , , , , | 17 Comments

Townsville Super Stadium guest post by Joe Branigan

My fellow economists and friends are doing a good job of making me redundant as a blogger. Today’s guest post is from Joe Branigan of the SMART Infrastructure Facility and Cadence Economics. GT. So JT* wants a brand new football … Continue reading

Posted in Townsville, Uncategorized | Tagged , , , , , , | 5 Comments