Tag Archives: abs

More than half of Australian large businesses receiving government financial assistance of some type

Posted on August 20, 2015 by Gene Tunny

Australian large businesses have proven themselves much better than smaller businesses at securing government financial assistance such as grants and tax concessions. Around 57 per cent of large businesses (i.e. 200+ employees) received some type of government financial assistance in … Continue reading →

Posted in Industry policy | Tagged , , , , , , , , | 5 Comments

Very high youth unemployment in North Qld and Wide Bay region

Posted on August 17, 2015 by Gene Tunny

Young people, many of who may be trying to enter the workforce for the first time, are usually disproportionately affected when the economy slows down. Relatively weak conditions in regional Queensland, which I discussed in my last post, have contributed … Continue reading →

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

Big divide between SEQ and rest of Qld in jobs growth

Posted on August 16, 2015 by Gene Tunny

Looking at the data in Queensland Treasury’s latest briefing on regional employment, it appears that the bulk of jobs growth that is occurring in Queensland is occurring in the South-East, particularly on the Gold Coast, and many parts of regional … Continue reading →

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Great RBA speech highlighting new labour market flexibility and links with NZ labour market

Posted on August 15, 2015 by Gene Tunny

The Queensland Branch of the Economic Society of Australia, of which I’m the Secretary, was delighted yesterday to host a speech by the Assistant Governor (Economic) of the Reserve Bank of Australia Christopher Kent on Adjustments in the Labour Market. … Continue reading →

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Curtis Island LNG projects more-or-less doubled heavy construction activity in peak period

Posted on July 1, 2015 by Gene Tunny

About the great American mountain-man Jim Bridger, Johnny Horton sang “That he was making history never once occurred to him.” I wonder if the men and women who have worked on the Curtis Island LNG plants have realised that they … Continue reading →

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Queenslanders leaving for professional jobs in Victoria

Posted on June 28, 2015 by Gene Tunny

For over two years now, Queensland has been a net loser of people to Victoria, as the historically reliable net migration of people from Victoria to Queensland has reversed (first chart below). The conditions for mass migration out of Victoria … Continue reading →

Posted in Migration | Tagged , , , , , , , | 2 Comments

Cafe culture & tourism helping Qld endure end of mining boom

Posted on June 19, 2015 by Gene Tunny

May 2015 employment-by-industry data published by the ABS yesterday confirm some points I’ve been making for the last couple of months (see chart above), particularly that Queensland is enduring the shock from the end of the mining boom relatively well, … Continue reading →

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Qld bouncing back nicely after technical recession in 2014

Posted on June 11, 2015 by Gene Tunny

The ABS labour force data for May give me much greater confidence that Queensland is bouncing back nicely from the technical recession we experienced over much of 2014 due to the end of the mining boom (see chart above). Queensland’s … Continue reading →

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

Victoria threatens to overtake Qld in international visitors

Posted on June 8, 2015 by Gene Tunny

In a recent post, regarding new ABS data on the State or Territory in which short-term (i.e. for less than one year) international visitors to Australia spent the most time, Mark Beath asks: “Surely Victoria can’t really be about to … Continue reading →

Posted in Education, Tourism | Tagged , , , , , , , , , | 2 Comments

Mining leads fall in private sector capital expenditure – Qld technical recession may extend into 2015

Posted on May 29, 2015 by Gene Tunny

The technical recession Queensland experienced in late 2014 may extend into early 2015 based on new ABS data showing the large drop in mining investment from its extraordinarily high levels has continued into the March quarter of 2015 (see chart … Continue reading →

Posted in Macroeconomy, Mining | Tagged , , , , , , | Leave a comment