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Tag Archives: abs
The indicators look great, but the recovery is very uneven across the economy
In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, buildingindustry, consumerconfidence, consumersentiment, hospitality, jobs, johnson, qld, queensland, springhill, tourism, unemploymentrate
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Travel bubble great news for Qld’s 200,000 NZ-born
As Queensland Premier Palaszczuk pointed out yesterday on social media following the announcement of the travel bubble with New Zealand, Queensland has the largest number of NZ-born people in Australia. Indeed, according to the 2016 Census, Queensland had 201,200 NZ-born … Continue reading
Recovery has been better than expected (especially in Qld), but let’s see what happens when JobKeeper ends
Whoever looks after the Queensland Premier’s Instagram account is a social media grandmaster (e.g. see the post below). The regular reminders of the imminent end of JobKeeper on 28 March are contributing to pressure on the federal government to implement … Continue reading
Posted in Macroeconomy
Tagged abs, australia, buildingindustry, cairns, covid-19, gdp, jobkeeper, qld, qldeconomy, statefinaldemand
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Pick up in net internal migration to regional Qld
Yesterday’s post covered the surge in net interstate migration to Queensland during the pandemic. The surge reflects: a) departures from Queensland to other states falling a lot (by 16% in September quarter 2020 compared with September quarter 2019), which could … Continue reading
Posted in Brisbane, Migration
Tagged abs, greaterbrisbane, internalmigration, netinterstatemigration, netintrastratemigration, qld, regionalqld
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A closer look at the surge in net interstate migration to Qld in September quarter 2020
Earlier this week, Queensland Deputy Premier Steven Miles was excited by the latest interstate migration data from the ABS, as reported by the Brisbane Times: Queensland’s acting Premier has pointed to migration data showing a surge in new residents as … Continue reading
Posted in Migration
Tagged abs, coronavirus, covid-19, interstatemigration, nsw, pandemic, qld, queensland, victoria
4 Comments
Most houses approved in one month in Qld since time of high interstate migration in 90s
The Housing Industry Association was quick to proclaim Detached Building Approvals Reach Record High after the ABS published the December building approvals data today. “Detached building approvals” are approvals for houses, as opposed to approvals for apartments or townhouses. Obviously, … Continue reading
Posted in Housing
Tagged abs, banks, buildingapprovals, buildingindustry, construction, corelogic, gdp, gsp, homebuilder, houseprices, interstatemigration, jobkeeper, jobseeker, monetarypolicy, propertyprices, qld, queensland, rba
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Qld’s economy definitely fared better than Victoria’s which suffered badly from Stage 4 restrictions
Weirdly, CommSec’s latest State of the States report ranked Victoria in 3rd place and Queensland in 5th place, even though Queensland’s economy has definitely fared much better during the pandemic than Victoria’s. In my Thursday post I discussed how silly … Continue reading
Posted in Macroeconomy, Tourism
Tagged abs, australia, cairns, coronavirus, covid-19, hoursworked, jobkeeper, lfs, qld, queensland, tourism, victoria
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CommSec’s weird assessment of Victoria’s economic growth as leading the nation in State of the States
This afternoon, Australian Institute for Progress Executive Director Graham Young alerted me to his conversation with 612 ABC Brisbane host Steve Austin and McKell Institute Executive Chair Rachel Nolan yesterday on Steve’s Drive program (from around 2:26:30) regarding the CommSec … Continue reading
Posted in Labour market, Macroeconomy
Tagged 612abcbrisbane, abs, commsec, coronavirus, covid, covid-19, employment, nationalaccounts, pandemic, qld, queensland, statefinaldemand
2 Comments
Qld exports were $21bn lower in 2020 due largely to lower coal and LNG prices
At the launch of the Queensland Premier’s Export Awards in May 2019 at the Tower of Power, 1 William St, I spoke about how Queensland’s exports had soared to record levels over the previous few years, largely as a result … Continue reading
Posted in Exports, Macroeconomy, Mining
Tagged abs, adani, carmichaelmine, coal, cokingcoal, exports, lng, qld, queensland, thermalcoal
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Why Qld’s unemployment rate is highest in nation despite better jobs recovery during pandemic than rest of Australia
When I spoke with Scott Emerson on his 4BC Drive program on Monday (see my Monday QEW post), he asked me how it was that Queensland could possibly have a higher unemployment rate than Victoria given the harsh restrictions they … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, labourforcesurvey, lfs, participationrate, queensland, unemploymentrate
1 Comment
