Tag Archives: abs

Palaszczuk will most likely beat Newman in jobs created over term of government

Posted on April 14, 2017 by Gene Tunny

The Queensland Government looks likely to enter the next election campaign boasting a job creation record superior to the previous LNP Government’s. Let us put aside the debate over just how much credit governments deserve for job creation (but please … Continue reading →

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

Still lots of room to boost population density in Brisbane

Posted on April 3, 2017 by Gene Tunny

The vexed issue of heritage protection is in the news again, with controversy over the development of two apartment blocks behind the 1886 Clayfield heritage home Mundumburrah”, which will be raised and brought forward on its lot to accommodate the … Continue reading →

Posted in Housing, Uncategorized | Tagged , , , , , , , , | 5 Comments

Qld’s lacklustre population and jobs growth have gone hand in hand over the current decade

Posted on March 25, 2017 by Gene Tunny

Queensland’s population, now at around 4.9 million, increased 1.4% in the year to 30 September 2016, a growth rate slightly below the national growth rate of 1.5%, but significantly below Victoria’s stand-out growth rate of 2.1% (Chart 1 based on … Continue reading →

Posted in Labour market, Population, Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment

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

Posted on March 17, 2017 by Gene Tunny

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

Posted on March 2, 2017 by Gene Tunny

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

Posted on March 1, 2017 by Gene Tunny

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

Posted on February 21, 2017 by Gene Tunny

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

Posted on February 13, 2017 by Gene Tunny

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

Posted on February 11, 2017 by Gene Tunny

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 →

Posted in China, Mining, Uncategorized | Tagged , , , , , , , , , , , , | 1 Comment

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

Posted on February 9, 2017 by Gene Tunny

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