Tag Archives: abs

National Accounts confirm below trend growth – really bad result for Qld

Posted on December 5, 2012 by Gene Tunny

The ABS National Accounts confirm what everyone has suspected – i.e. the national economy is growing below its trend rate, at 0.5% in the September quarter, which translates to an annualised growth rate of 2%, when we really want something … Continue reading →

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Bunnings & Masters doing well, but clothing retailers struggling

Posted on December 4, 2012 by Gene Tunny

Yesterday’s retail turnover data from the ABS were unimpressive and have added to the case for a rate cut by the RBA Board today, which is almost a certainty. Our sluggish retail turnover reflects both Australia’s high savings rate in … Continue reading →

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , | 2 Comments

Top ten occupations in sport and recreation

Posted on November 20, 2012 by Gene Tunny

The ABS released (or repackaged) some interesting 2011 Census data yesterday on employment in sport and recreation, showing the dominance of gyms and the significance of the heavily subsidised racing industry as an employer. John Quiggin wrote a great post … Continue reading →

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Large decline in rate of homelessness in Qld over last decade

Posted on November 12, 2012 by Gene Tunny

I have no idea whether this is due to good luck or good management, but ABS Census data released today show Queensland’s rate of homelessness has fallen over the last decade to be comparable with rates in NSW and Victoria:

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Temporary weakness due to public sector restraint continues

Posted on November 8, 2012 by Gene Tunny

Today’s ABS labour force data weren’t encouraging for Queensland, with the unemployment rate remaining significantly higher than the national average, as shown in this chart from OESR’s labour force brief: I remain of the view that Queensland’s higher unemployment rate … Continue reading →

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