Tag Archives: abs

Disappointing vacancies data support Treasury’s very low employment growth forecast for 2012-13

Posted on January 9, 2013 by Gene Tunny

In the Mid Year Fiscal and Economic Review 2012-13 released last month, Queensland Treasury revised down its forecast of 2012-13 employment growth from a weak 0.75% to a very weak 0.25%. The ABS job vacancies data released today lend support … Continue reading →

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

Top ten countries for imports to Qld and exports from Qld

Posted on January 8, 2013 by Gene Tunny

Based on today’s new ABS international trade statistics, I prepared the charts below, which show Japan and China are our top two export destinations and the US and China are our top two sources of imports: I was initially surprised by … Continue reading →

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

Hotels appear to have doubts about prospects for tourism recovery

Posted on January 7, 2013 by Gene Tunny

Although there has been some recovery in room occupancy rates at hotels, motels and serviced apartments since the financial crisis (see first chart below), establishments are maintaining their financial crisis levels of staffing (see second chart below), which must impact … Continue reading →

Posted in Tourism | Tagged , , , , , , , , | 1 Comment

When will interstate migration to Qld recover?

Posted on January 6, 2013 by Gene Tunny

Over the last few years, a decline in Queensland’s population growth has reinforced the economic sluggishness we’ve seen outside of the mining sector. For example, lower population growth means lower demand for new housing. In large part, Queensland’s lower population … Continue reading →

Posted in Migration, Population | Tagged , , , , | 1 Comment

Large disparity in unemployment rates across Brisbane suburbs

Posted on December 27, 2012 by Gene Tunny

An important policy debate in 2012 was around the level of unemployment benefits, with welfare groups such as ACOSS arguing people on Newstart could be too poor to look for work (as reported on news.com.au). I have some sympathy for … Continue reading →

Posted in Brisbane, Cairns, Labour market, Townsville | Tagged , , , , , , | 2 Comments

Queenslanders less active than other Australians – no surprise we lead Australia in obesity

Posted on December 19, 2012 by Gene Tunny

I’ve previously posted on the higher rate of obesity in Queensland than in other States (Qld leads Australia on obesity), and no doubt a major contributor is the lower rate of participation in sport and physical recreation in Queensland than … Continue reading →

Posted in Health | Tagged , , , , | 2 Comments

Qld still has second highest population growth rate in Australia

Posted on December 18, 2012 by Gene Tunny

OESR has published a useful information brief on today’s new ABS population data, from which I’ve copied the chart below showing Queensland is still performing reasonably well in population growth terms. The ABS media release on the data is worth a read. … Continue reading →

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Building industry recovery most evident in Brisbane and Central Qld (192% growth through the year)

Posted on December 14, 2012 by Gene Tunny

After reading the Townsville Bulletin report Housing Industry is Rebuilding I found the Master Builders media release on the ABS’s regional building approvals data released earlier this week. The media release includes a useful summary of the data that has … Continue reading →

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Federal fiscal restraint also contributed to Qld’s September qtr slowdown

Posted on December 7, 2012 by Gene Tunny

I’m grateful again to OESR for its repackaging and analysis of ABS data, as its National Accounts State Details brief released yesterday contains a handy table unpacking the September quarter fall in State Final Demand of 1.6%. I’ve reproduced the … Continue reading →

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

Unemployment rate may have peaked

Posted on December 6, 2012 by Gene Tunny

There is great news in the ABS Labour force data for November that were released today. Unemployment may have peaked and hopefully we won’t see a repeat of the awful September quarter National Accounts result for Queensland that we saw … Continue reading →

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