Tag Archives: abs

Let’s keep the “Renewable energy jobs surge” in perspective

Yesterday the ABS released its latest renewable energy jobs estimates and its media release reported a Renewable energy jobs surge on the back of solar. My colleague Nick Behrens from QEAS tweeted about the new data and produced the chart … Continue reading

Posted in Energy, Uncategorized | Tagged , , , , , | 6 Comments

Bad economic news keeps coming – declining job vacancies & inverted US yield curve

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading

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

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , , , , , , , | 4 Comments

Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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

Is it nonsense to talk about a “GDP per capita recession”?

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading

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

Qld economy was goosed up by gov’t spending in final quarter of 2018

Australia’s weak 0.2% GDP growth in December quarter has prompted talk of a “per capita recession”, as our economy has now been growing at a slower rate than the population for two consecutive quarters (see this SMH report). The national … Continue reading

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

How you can automate ABS data analysis and charting using R – preview of my upcoming course

In my latest video, I demonstrate how I use the freeware programming language R to automate my analysis and charting of economic data, using the December quarter business indicators data published by the ABS yesterday as an example. I am … Continue reading

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