Tag Archives: abs

Strong jobs figures for Qld, although much of recent increase was in part-time employment

Posted on September 15, 2017 by Gene Tunny

The August jobs figures released yesterday by the ABS confirmed the Queensland economy is clearly on an upswing and jobs growth is currently strong, with through-the-year growth in employment at 3.7% compared with a national rate of 2.6% (chart 1). … Continue reading →

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Qld economy traveling nicely based on June quarter National Accounts data

Posted on September 6, 2017 by Gene Tunny

Just a quick update on the June quarter National Accounts released by the ABS today. GDP growth was a healthy 0.8 percent in the June quarter, or around 3.3 percent in annualised terms, which I suspect is around the sustainable … Continue reading →

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Rising workforce participation reflects improved jobs market in Qld

Posted on August 18, 2017 by Gene Tunny

I have been commenting on Queensland’s improving labour market for several months now, and the July labour force data released by the ABS yesterday have confirmed that trend is continuing. The State’s unemployment rate remained stable at 6.3 percent in … Continue reading →

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On the upcoming Ted Evans lecture & Qld’s recent employment trends

Posted on July 22, 2017 by Gene Tunny

On 14 September, the Economic Society of Australia (Qld), of which I am the Secretary, is hosting the inaugural Ted Evans Public Policy Lecture at Customs House, Brisbane. The inaugural lecturer will be none other than former Treasury Secretary Ted … Continue reading →

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Vacancies data support improving employment outlook in lead up to Qld election

Posted on June 30, 2017 by Gene Tunny

Economists and market watchers were very excited yesterday by the May job vacancies data released by the ABS. Nationally, job vacancies were 1.6 percent higher (in seasonally adjusted terms) in May than in February, the time of the previous quarterly … Continue reading →

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Growing interstate migration to Qld reflects improving economy & relatively more affordable house prices

Posted on June 28, 2017 by Gene Tunny

As well as releasing the first batch of 2016 Census data, the ABS also updated its quarterly population estimates yesterday, and I was very pleased to see net interstate migration to Queensland is picking up nicely (see chart below). This … Continue reading →

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Huge regional disparities in Qld Government capital spending per capita

Posted on June 14, 2017 by Gene Tunny

The Queensland Government’s $10.2 billion capital program in 2017-18 is heavily skewed to regional areas outside SEQ and towards inner city Brisbane, but away from other areas in SEQ (see the chart below which I’ve created based on data in … Continue reading →

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Qld economy needs pick up in private sector investment

Posted on June 12, 2017 by Gene Tunny

According to the latest National Accounts released by the ABS last week, private sector investment spending fell in Queensland over the March quarter (in seasonally adjusted terms) and State Final Demand would have fallen as well, if it were not … Continue reading →

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Qld economy surviving, but not thriving

Posted on June 10, 2017 by Gene Tunny

In his latest column, Stormy times for an economy in the doldrums, Ross Gittins refers to Queensland’s “below-par” growth in State Final Demand, one of the statistics released by the ABS last Wednesday as part of the March quarter National … Continue reading →

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Qld full-time jobs growth since election back in positive territory

Posted on May 19, 2017 by Gene Tunny

In April, full-time employment in Queensland continued to recover and is now back above the level that prevailed at the time of the last State election in January 2015, in terms of the trend data that Queensland Treasury prefers to … Continue reading →

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