Tag Archives: abs

Guest post: Why are NSW mining regions enduring the mining downturn better than Qld regions?

Posted on June 9, 2016 by Gene Tunny

Today I am delighted to publish a guest post from my NSW-based friend and fellow economist Alistair Robson.  Why are NSW mining regions enduring the mining downturn better than Qld regions? by Dr Alistair Robson Despite the Sydney-centric focus on … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 6 Comments

Regional Qld still suffering from mining downturn and drought

Posted on May 27, 2016 by Gene Tunny

ABS regional labour force data for April reveal increasing unemployment in regional Queensland, particularly in Townsville and the Queensland outback, as regional Queensland endures the mining downturn and drought. Unemployment in the Queensland outback was at 10.4% in April, up … Continue reading →

Posted in Labour market, North Queensland, Uncategorized | Tagged , , , , , | 5 Comments

Qld unemployment rate trends up and jobs trend down

Posted on May 20, 2016 by Gene Tunny

The April 2016 ABS jobs data confirm the view I have expressed for a while now that the Queensland economy is under-performing (see charts below and Treasury’s brief). While in South-East Queensland conditions appear reasonable, the regions are struggling with … Continue reading →

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

New motor vehicle sales lower in Qld than before financial crisis

Posted on May 18, 2016 by Gene Tunny

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, … Continue reading →

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

Qld unemployment rate appears stuck around 6%, while national rate falls

Posted on April 14, 2016 by Gene Tunny

Queensland’s under-performing economy was illustrated by March labour force data released by the ABS today. The State’s unemployment rate appears stuck around 6%, while the national unemployment rate continues its steady decline, with the seasonally adjusted national rate falling from … Continue reading →

Posted in Labour market, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , | 4 Comments

Qld has fallen to 5th place in rate of population growth among States & Territories

Posted on March 25, 2016 by Gene Tunny

The end of the mining boom and broader economic sluggishness have no doubt contributed to Queensland falling to fifth place in terms of population growth among Australian States and Territories (see chart below based on ABS data released on Thursday). … Continue reading →

Posted in Migration, Population, Uncategorized | Tagged , , , , , , | 8 Comments

Economic outlook & collaborative economy presentation

Posted on March 16, 2016 by Gene Tunny

The first day of the CPA Australia Not-for-Profit Conference was held in Brisbane today and I gave a presentation on the economic outlook and the collaborative economy that I gave in Sydney and Melbourne last week. My slides are available … Continue reading →

Posted in Macroeconomy, nfps, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

What economic indicators should board directors monitor?

Posted on March 5, 2016 by Gene Tunny

I have recently published an article on the website of the corporate governance consultancy firm Effective Governance, at which I am a specialist adviser, regarding: What Economic Indicators Should Board Directors Monitor? The article was inspired by a recent Harvard … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

International visitors take advantage of lower Aussie dollar

Posted on March 3, 2016 by Gene Tunny

Expenditure by international visitors to Queensland increased to over $4.9 billion in 2015 from $4.2 billion in 2014, a 19% increase, according to new International Visitor Survey data released by Tourism Research Australia (see chart below). This was less than … Continue reading →

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

Qld economy supported by State & local Gov’t CAPEX in December quarter

Posted on March 2, 2016 by Gene Tunny

The latest National Accounts released by the ABS were better than expected, with the national economy growing at 0.6% in December quarter 2015 and 3% through-the-year. Regarding Queensland, state final demand barely moved with a 0.1% increase, but that does … Continue reading →

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