Tag Archives: abs

Super-high coal royalties to help address Qld hospitals crisis

Posted on May 27, 2022 by Gene Tunny

As I predicted earlier this month (see John McCarthy’s 13 May InQld article), the Queensland Government will be boosting health spending in the upcoming budget to deal with the hospitals crisis, and to a large extent it’s able to do … Continue reading →

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Unemployment and state budgets update

Posted on April 13, 2022 by Gene Tunny

On Monday, I appeared on the 612 ABC Brisbane Radio Drive program (from 2:09:00) to chat with Kelly Higgins-Devine about how we estimate the unemployment rate, a matter of interest that day obviously due to the Opposition Leader being unable … Continue reading →

Posted in Budget, Labour market, Macroeconomy | Tagged , , , , , | 2 Comments

Housing lending remains at super high levels

Posted on March 1, 2022 by Gene Tunny

First, my thoughts go out to all those affected by the recent flooding in Queensland and northern NSW. The intensity of the rainfall was extraordinary – in Brisbane, 80% of a full year’s rain in a few days reportedly. While, … Continue reading →

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Inflation & interest rates chat with 4BC’s Scott Emerson

Posted on January 26, 2022 by Gene Tunny

Yesterday afternoon I had a quick chat with Scott Emerson on his 4BC Drive program about the accelerating CPI inflation revealed by the ABS yesterday (see chart above) and what it means for interest rates, with bank chief economists now … Continue reading →

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Shadow lockdown and supply-chain crisis – 9.30am Qld time livestream

Posted on January 21, 2022 by Gene Tunny

I’m going live at 9.30am Queensland time this morning (Friday 21/1/22) to discuss the big economic issues of the week, particularly: Australia’s strong pre-omicron labour force figures from the ABS for December, although they weren’t much comfort given the current … Continue reading →

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Qld Economic Outlook for 2022

Posted on January 6, 2022 by Gene Tunny

Prior to the omicron outbreak, I was very confident about the Queensland economic outlook for 2022. I’m still reasonably confident that the state economy will perform well over 2022, but nothing is certain of course. There’s been a bit of … Continue reading →

Posted in Labour market, Macroeconomy, Mining | Tagged , , , , , , , , | 2 Comments

Gov’t and renewables making disproportionate contributions to demand growth in Qld

Posted on December 2, 2021 by Gene Tunny

The September quarter National Accounts published by the ABS yesterday revealed that the general government sector made a disproportionate contribution to Queensland state final demand growth that quarter, suggesting a strong pick up in the hiring of public servants, contractors, … Continue reading →

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No way Qld Gov’t can cancel 17 December reopening to other states – Omicron be damned

Posted on November 30, 2021 by Gene Tunny

Fortunately, the Queensland Government gave a firm commitment to reopen the state to interstate visitors on 17 December, and I doubt the Omicron variant will force the Government to cancel that reopening. It would wreck the government politically, just as … Continue reading →

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , | 3 Comments

Tourism operators need Qld Gov’t to continue reopening and not to panic as COVID comes in

Posted on November 17, 2021 by Gene Tunny

There is a lot of excitement about the reopening of Queensland, which can’t come quickly enough, but at least it is actually happening, so long as the Queensland Government holds its nerve and doesn’t reimpose restrictions once COVID cases start … Continue reading →

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ABS reveals big impact of lockdowns on retail trade + today’s livestream link

Posted on November 5, 2021 by Gene Tunny

Let’s hope the Queensland Government doesn’t impose a lockdown in response to the new cases coming out of Goondiwindi, as the ABS’s estimates of retail turnover for September quarter show us once more the large adverse impact that lockdowns have … Continue reading →

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