Tag Archives: abs

Disappointing 2016 for Qld labour market

Posted on January 20, 2017 by Gene Tunny

Yesterday, on the same day the December jobs figures released by the ABS confirmed a disappointing 2016 for the Queensland labour market (see charts below), the Deputy Premier announced the State Government’s new regional jobs program. Coincidental or not, the … Continue reading →

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

Continuing rebound in Qld private sector job vacancies at end of 2016

Posted on January 12, 2017 by Gene Tunny

There was good news for the Queensland economy yesterday, with the ABS reporting a continuation of the rebound in private sector job vacancies in the final quarter of last year (see chart below). Private sector job vacancies have increased from … Continue reading →

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

Victoria still beating Queensland in interstate migration & population growth

Posted on December 18, 2016 by Gene Tunny

Since late 2012, Queensland has been losing people to Victoria, a reversal of the historically positive net flow of people from Victoria to Queensland (see chart below based on the latest ABS population estimates published Thursday last week). While the … Continue reading →

Posted in Population, queensland, Uncategorized | Tagged , , , , , , , , , , , , , | 3 Comments

Government right to rule out fiscal stimulus

Posted on December 11, 2016 by Gene Tunny

The ½ percent GDP contraction in September quarter that the ABS published last week has raised a lot of questions about the current state of the economy, and whether the Government should do more in terms of economic reform or … Continue reading →

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US recovery on track, while Australian economists wait anxiously for latest National Accounts

Posted on December 4, 2016 by Gene Tunny

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading →

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

ABS data confirm Qld economy under-performed in 2015-16

Posted on November 21, 2016 by Gene Tunny

The annual gross state product (GSP) data the ABS published on Friday revealed Queensland’s lacklustre economic growth of 2% in 2015-16 (compared with 2.8% nationally) was heavily influenced by the transition at the end of the mining boom. The data … Continue reading →

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

ABC Regional Drive interview – dubious jobs data another sign ABS is struggling under a tight budget

Posted on October 21, 2016 by Gene Tunny

In its September labour force report, which reported the Australian unemployment rate fell to 5.6% from 5.7% while employment fell by 9,800 (and full-time employment fell 53,000!), contrary to the jobs growth the market was expecting, the ABS more or … Continue reading →

Posted in Labour market, Uncategorized | Tagged , , , , , , , | 3 Comments

Qld should benefit from strong economic performance in NSW and Victoria

Posted on September 30, 2016 by Gene Tunny

The August job vacancies data released by the ABS yesterday confirm the strong economic performance we are seeing in NSW and Victoria, and they also show encouraging signs for Queensland (see charts below). Given national markets and the linkages between … Continue reading →

Posted in Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , | Leave a comment

Good news for the economy as Qld businesses increase investment in machinery & equipment

Posted on September 8, 2016 by Gene Tunny

Despite having some weak regional economies, particularly in the Townsville and Queensland outback regions, the State economy overall recorded reasonably healthy growth in State Final Demand in the June quarter of 0.7 percent in seasonally adjusted terms. This is very … Continue reading →

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

Be careful what you wish for on infrastructure spending

Posted on August 30, 2016 by Gene Tunny

The Brisbane Times this morning draws attention to the relatively low level of heavy or engineering construction activity (e.g. on roads, bridges, dams, etc) being undertaken for the public sector in Queensland at the moment, based on analysis by RPS’s … Continue reading →

Posted in Infrastructure, Uncategorized | Tagged , , , | 9 Comments