Tag Archives: brisbane

As many units as houses approved in Queensland in last 12 months – is a unit price crash coming?

In March, QUT Media reported that, based on analysis by Professor Chris Eves, “Brisbane’s inner city apartment market will crash in 2016, due to oversupply driven by belief in inexhaustible international demand.” (See Collapse of Brisbane’s inner city apartment market … Continue reading

Posted in Housing | Tagged , , , , , , , | 4 Comments

Unsurprising Townsville running out of water when Council is charging so little for it

Townsville City Council desperately needs some hard-headed economic advice, not just on the unwise Super Stadium project, but on water pricing, too. It is reported in today’s Townsville Bulletin that “TOWNSVILLE residents must dramatically reduce their water use if the … Continue reading

Posted in Environment, Townsville | Tagged , , , , , | 14 Comments

Independent schools right to be worried about GST broadening – parents already fee sensitive

Independent Schools Queensland (ISQ), which represents non-Catholic private schools, released an excellent discussion paper earlier this week prepared by Mikayla Novak on the impacts of broadening the GST to include education. The paper notes that, if GST were applied to … Continue reading

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

Qld economy propped up by residential building as business investment slumps

The Brisbane Times has a report this morning on the well-known slump in business investment in Queensland, due partly to the completion or near completion of the LNG projects at Gladstone and partly to relatively low business confidence (see Qld … Continue reading

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Pockets of very high unemployment in Logan, Brisbane South West and Ipswich

I’ve produced the map of unemployment rates for local areas in the Brisbane metro area below based on the latest small area labour markets data for March 2015 from the federal Department of Employment. The data show that pockets of … Continue reading

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Impact Academy fostering local social enterprises – out to prove Milton Friedman wrong

Normally associated with such pursuits as kayaking, paddle boarding and rock climbing,  Riverlife at Kangaroo Point was the location for a showcase event for Peter Ball’s Impact Academy, an incubator for emerging social enterprises, on Thursday evening. The basic idea … Continue reading

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Nice words from Chris Joye in the AFR regarding my question to the RBA Governor

Leading financial economist Chris Joye has written a great piece in the Australian Financial Review on the issue of how long interest rates may stay at the very low levels they are now (RBA’s Glenn Stevens wrong on low rates … Continue reading

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RBA should leave fiscal policy advice to the Treasury

RBA Governor Glenn Stevens gave an odd speech in Brisbane yesterday, in which he more-or-less suggested the federal Government should try to offset the demand shock from the end of the mining boom with expanded infrastructure investment, and that now … Continue reading

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

Brisbane City Council made right decision on Toowong towers

Brisbane City Council deserves credit for ignoring its own City Plan and approving the development of three new high-rise apartment towers at the old ABC site at Toowong (see Toowong towers nine storeys too high: Labor lord mayoral candidate). I’ve … Continue reading

Posted in Housing | Tagged , , , , , , , , | 8 Comments

Upcoming Young Economists Coffee Connections to discuss negative gearing & capital gains tax treatment

I await with interest the Hansard transcript of Treasury Secretary John Fraser’s testimony before Senate Estimates in Canberra yesterday, because in his reported comments he appears to be saying that any housing price bubble that may exist in Australia isn’t … Continue reading

Posted in Housing, Tax | Tagged , , , , , , | 2 Comments