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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 apartments, brisbane, buildingapprovals, housing, propertyprices, qld, queensland, qut
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 brisbane, burdekindam, superstadium, townsville, water, waterpricing
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 brisbane, catholicschools, education, independentschools, isq, privateschools, schoolfees, schools, stateschools
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
Posted in Housing
Tagged apartments, brisbane, buildingindustry, capex, gladstone, houses, investment, lng, milton, newstead, qld, queensland, westend
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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
Posted in Labour market
Tagged brisbane, ipswich, logan, riverview, salm, unemploymentrate, wacol
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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
Posted in Brisbane
Tagged brisbane, impactacademy, impactinvesting, riverlife, socialenterprise
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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
Posted in Macroeconomy
Tagged australia, bondmarket, bonds, brisbane, interestrates, rba
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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 australia, brisbane, esaqld, housing, interestrates, rba, sydney
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 abc, bcc, brisbane, development, innercity, publictransport, queenslanders, toowong, urbansprawl
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 brisbane, capitalgains, housing, negativegearing, rentalmarket, tax, youngeconomists
2 Comments