Tag Archives: capex

Brisbane inner city and Qld outback get highest Qld Gov’t capital spending per person

Here’s the latest version of a chart I usually prepare following each state budget on Queensland Government capital spending per person by region (i.e. the ABS SA4 regions). The very high per person spending figure for the Queensland outback is … Continue reading

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Mining CAPEX has been growing in WA, falling in Qld

Mining sector capital investment has been increasing in WA but falling in Queensland, according to March quarter capital expenditure data published by the ABS yesterday (see chart above). This would reflect a combination of the following factors: the stronger demand … Continue reading

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Brisbane Inner City still the biggest beneficiary of Qld Gov’t CAPEX

Following last year’s state budget, I posted on how Brisbane’s inner city was the big winner regarding state government capital spending. That continues in 2020-21 with the continuation of the huge Cross River Rail project (see chart below). Out of … Continue reading

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Transcript of Megaprojects chat with Marion Terrill of Grattan

A couple of weeks ago I spoke with Marion Terrill of the Grattan Institute regarding her new report on The Rise of Megaprojects (check out Megaprojects chat with Marion Terrill from Grattan). Marion made so many excellent points in the discussion … Continue reading

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City Infrastructure with Craig Lawrence – Economics Explained ep.26

At this stage, the official line is that Queensland’s local government elections will still go ahead on Saturday 28 March despite the coronavirus threat, although the Queensland Electoral Commissioner has told ABC Radio “Things could change…” (see this ABC News … Continue reading

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Sluggish economy & lower coal prices could put Qld gov’t in operating deficit

The mid-year budget update from the Queensland Government later this month will no doubt contain economic and fiscal forecasts with substantial downward revisions, owing to a weaker national economy and lower coal prices. The state budget forecast a hard coking … Continue reading

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Lowest confidence in six years – not a happy Friday in Qld

Earlier this year I encountered some resistance at various presentations I gave on the gloomy outlook for the Queensland economy, but I suspect I wouldn’t get much push back now. Today, the Courier-Mail is reporting on its latest YouGov poll results: CONFIDENCE … Continue reading

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Destination Gold Coast CEO right the GC’s been missing out

I’m usually sceptical of pleas from regional leaders for greater government investment in their regions, but I think the Destination Gold Coast CEO has a legitimate grievance. The Gold Coast Bulletin reports: THE Gold Coast’s tourism boss has blasted the … Continue reading

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Qld private sector CAPEX is disappointing – CCIQ’s Dan Petrie is spot on in today’s Courier-Mail

Today’s Courier-Mail reports some punchy comments from CCIQ spokesman Dan Petrie regarding the news that Queensland has the highest number of bankruptcies in Australia: CCIQ spokesman Dan Petrie said the level of private sector investment in the state had fallen … Continue reading

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Qld Gov’t CAPEX – Brisbane’s inner city the big winner

Brisbane inner city workers and residents should start expecting some heavy construction activity around them soon as Cross River Rail capital expenditures are expected to amount to around $1.48 billion in 2019-20, according to the Capital Statement in the Queensland … Continue reading

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