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Tag Archives: buildingindustry
The indicators look great, but the recovery is very uneven across the economy
In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, buildingindustry, consumerconfidence, consumersentiment, hospitality, jobs, johnson, qld, queensland, springhill, tourism, unemploymentrate
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Recovery has been better than expected (especially in Qld), but let’s see what happens when JobKeeper ends
Whoever looks after the Queensland Premier’s Instagram account is a social media grandmaster (e.g. see the post below). The regular reminders of the imminent end of JobKeeper on 28 March are contributing to pressure on the federal government to implement … Continue reading
Posted in Macroeconomy
Tagged abs, australia, buildingindustry, cairns, covid-19, gdp, jobkeeper, qld, qldeconomy, statefinaldemand
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Most houses approved in one month in Qld since time of high interstate migration in 90s
The Housing Industry Association was quick to proclaim Detached Building Approvals Reach Record High after the ABS published the December building approvals data today. “Detached building approvals” are approvals for houses, as opposed to approvals for apartments or townhouses. Obviously, … Continue reading
Posted in Housing
Tagged abs, banks, buildingapprovals, buildingindustry, construction, corelogic, gdp, gsp, homebuilder, houseprices, interstatemigration, jobkeeper, jobseeker, monetarypolicy, propertyprices, qld, queensland, rba
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Imperative to avoid bad policy measures like super increase which would set back recovery
Prime Minister Scott Morrison is right to consider delaying the legislated increase in the 9.5% superannuation guarantee rate, which is scheduled to start increasing by half a percentage point each year from 1 July 2021 until it gets to 12%. … Continue reading
Posted in Brisbane, Macroeconomy
Tagged australia, buildingindustry, consumption, economy, heritage, investment, profits, super, superannuation, wages
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Worried Master Builders Qld calls for new Building the Education Revolution
Paul Bidwell, Deputy CEO of Master Builders Queensland, has made some extraordinary comments to the Courier-Mail, calling for the federal government to stimulate the construction industry through a new Building the Education Revolution, which was a Rudd Government stimulus measure. … Continue reading
Posted in Housing, Uncategorized
Tagged abs, ber, buildingindustry, construction, masterbuilders, qld, queensland
2 Comments
Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects
My colleague Nick Behrens from QEAS has published an informative post on the major projects, such as Cross River Rail and Brisbane Live, which will boost construction activity in Brisbane in future years: The BNE 2025 projects represent a renaissance … Continue reading
Posted in Housing, Macroeconomy, Uncategorized
Tagged abs, bne2025, brisbanelive, buildingindustry, civilconstruction, construction, crr, ggplot2, qld, qmca, queensland, r
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Qld’s economic outlook for 2018
CCIQ’s Joseph Kelly has published a nice note titled Business 2018 examining the outlook for Queensland business in 2018, in which he suggests “2018 has all the elements to be the year for business.” Factors that will boost Queensland’s economy … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged buildingindustry, cciq, economicoutlook, gsp, iphonex, nsw, qld, qldtreasury, queensland, retailtrade, unemployment, victoria
1 Comment
Trouble in Qld construction industry & worse may be to come
Referring to the recent failures of building companies such as CMF Projects, CKP, and Cullen, the Courier-Mail this morning observed: …we hear that even the higher profile builders (household names actually) are getting nervous with soaring costs cutting into profits, … Continue reading
Posted in Housing, Uncategorized
Tagged afr, buildingapprovals, buildingindustry, construction, couriermail, labourcosts, qld, queensland, residentialconstruction, stateaccounts, unions
2 Comments
Unit approvals plummet in rest of Aus. with Qld likely to follow
The Brisbane Times reported the other day that Brisbane renters were being offered inducements such as iPads, suggesting that supply growth has got ahead of demand growth in Brisbane recently. This should reduce the enthusiasm of investors for the Brisbane … Continue reading
Posted in Housing, Uncategorized
Tagged abs, apartments, australia, buildingapprovals, buildingindustry, qld, queensland, units
4 Comments
Building construction rebounded in September quarter, but still below previous highs
All the cranes on the Brisbane skyline, from the Valley and Newstead, to West End, Milton and Toowong, might suggest there is a building boom underway. Certainly activity is increasing in the building industry. Building construction work done in Queensland … Continue reading
Posted in Housing, Mining, Uncategorized
Tagged abs, brisbane, buildingindustry, capex, mining, qld, queensland
2 Comments
