Tag Archives: capex

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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Qld mining CAPEX up 13% or by over $1 billion in 2018

The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading

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With One Nation as likely power brokers, expect greater share of Qld Gov’t CAPEX in regions

If I were the Managing Director of an engineering firm, I’d start investigating the availability of office space in Queensland’s regional centres, including Maroochydore, Rockhampton, Toowoomba, and Townsville. I would want the firm well-positioned to win new work from a … Continue reading

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Townsville Bulletin report on funding feud: Brisbane economist “under fire”

Tony Moore’s recent Brisbane Times article featuring my chart on per capita State Government capital spending by region has prompted responses from the Townsville Mayor Jenny Hill and Queensland Treasurer Curtis Pitt. As reported in Domanii Cameron’s article Feud over … Continue reading

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