Tag Archives: cairns

Remarkable turnarounds for Townsville, Mackay, and Cairns

In my upcoming Brisbane Club presentation on Tuesday, one chart I’ll show is of selected Queensland regional unemployment rates, highlighting how the economic recovery generally and a booming mining sector have translated into some extraordinarily low unemployment rates in some … Continue reading

Posted in Cairns, Labour market, Mackay, Townsville | Tagged , , , , , | Leave a comment

Was COP26 just a talkfest? Latest podcast episode with Scott Hook, a former COP adviser for Pacific nations

I caught up with my colleague Scott Hook recently to review the outcomes, or arguably lack of outcomes, of the COP26 climate change summit which was held in Glasgow last month (see Economics Explored episode 117). Scott has previously attended … Continue reading

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Qld economy should cope better than NSW and Vic. economies, but our tourism regions will suffer badly

The ongoing economic fallout of the Delta outbreak continued this week, regardless of the statistical anomaly, due to people leaving the workforce, that was the reported 4.6% national unemployment rate for July. Queensland had the highest unemployment rate (5.2%) among … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , , | 1 Comment

Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus

Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading

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Qld Premier highlights my JobKeeper comments in Instagram post

Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , , | 2 Comments

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

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Post-JobKeeper viability a concern of many Qld businesses

The Chamber of Commerce and Industry Queensland (CCIQ) has released its CCIQ Pulse Survey of Business Conditions for December quarter 2020, and it shows a continuation of the recovery in the second half of 2020 in business conditions and confidence … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , | 1 Comment

Qld’s economy definitely fared better than Victoria’s which suffered badly from Stage 4 restrictions

Weirdly, CommSec’s latest State of the States report ranked Victoria in 3rd place and Queensland in 5th place, even though Queensland’s economy has definitely fared much better during the pandemic than Victoria’s. In my Thursday post I discussed how silly … Continue reading

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Qld Premier deserves some criticism, but she’s right to highlight needs of struggling tourism-dependent businesses

The NSW Premier, Sky Australia hosts, and other commentators have been quick to criticise Queensland Premier Palaszczuk over her call for the federal government to extend JobKeeper beyond the end of March for struggling tourism-dependent businesses, particularly those in Cairns … Continue reading

Posted in Cairns, North Queensland, Queensland Government, Tourism | Tagged , , , , , , , , , , | Leave a comment

NQ State feasibility should be explored in lead up to Katter-proposed referendum

I’m pleased that Katter’s Australian Party (KAP) leader Robbie Katter will push for a referendum on North Queensland statehood in the first half of 2021, as reported on news.com.au. It appears there is widespread disappointment in the North with the … Continue reading

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