Tag Archives: abs

Qld economy not generating enough jobs for uni, VET & school leavers

Market economists do not appear too concerned about the new ABS jobs figures released yesterday showing the national unemployment rate increased to 5.9% in February from 5.7% in January. There is a recognition that there is a lot of noise … Continue reading

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Residential construction at peak in current cycle in Qld

The mini-boom in residential construction, of both inner Brisbane apartments and detached houses in outer-lying areas in SEQ, such as Ripley, Springfield and Yarrabilba, has been important to the economy over the last couple of years. This mini-boom now appears … Continue reading

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

Fantastic December quarter result for Qld economy

The December quarter National Accounts showed a strong rebound for the Australian economy, with economic growth at 1.1 percent for the quarter, while State Final Demand for Queensland grew at 0.9 percent over the quarter according to the ABS. (Note … Continue reading

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

Health care business numbers up 17%, while retail, mining & farm business counts fall 8-9% over 2012 to 2016

The structural change the Australian economy has experienced in recent years, including the decline in manufacturing and the decline of small retailers, at the same time as health care and other service sectors are booming, reveals itself in the latest … Continue reading

Posted in Agriculture, Health, Mining, Retail trade, Uncategorized | Tagged , , , , , , , | 3 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

HSBC’s Paul Bloxham on the economic outlook and President Trump

Last Thursday, Paul Bloxham, HSBC Chief Economist for Australia and NZ, gave an excellent briefing on the economic outlook at a lunchtime event organised by the French Australian Chamber of Commerce and Industry (FACCI), and hosted by Clayton Utz at … Continue reading

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Coal and LNG push Qld commodity exports up to $1 billion per week

The surge in coal prices in the second half of 2016 and increased exports of LNG from Gladstone’s Curtis Island have pushed Queensland’s commodity exports to over $52 billion in 2016, or $1 billion per week, up from around $49 … Continue reading

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