Tag Archives: cciq

Strong growth in plant & equipment capex is good news for Qld economy

Last Friday, in his opening statement to the House of Representatives Standing Committee on Economics, RBA Governor Phil Lowe observed: “Nationally, measures of business conditions have picked up noticeably recently. For some time we have been waiting for a lift … Continue reading

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Weekly highlights: BDO Economic & Political Update and ESA Qld-Nine Squared CBA seminar

It was a fantastic week to be an economist in Brisbane, with two excellent events, the BDO Economic & Political Update on Tuesday morning at BCEC and the ESA Qld-Nine Squared seminar on Cost-benefit analysis in contemporary project evaluation at … Continue reading

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Targeting infrastructure spending as a % of GSP won’t work – Guest post by Joe Branigan

Again, I am delighted to publish a guest post from my good friend and former Treasury colleague Joe Branigan. The usual disclaimer applies, that the views expressed in this article are Joe’s and should not necessarily be attributed to me. … Continue reading

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Go Qld campaign moves on to attack payroll tax and penalty rates

The Courier-Mail’s terrific “Go Queensland” campaign has today moved on to the issues of payroll tax and penalty rates, both of which I covered in my paper for the Jobs Growth Summit last week (see related post). I am quoted … Continue reading

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Tuesday’s Jobs Growth Summit a great opportunity to push for better economic policies

On Tuesday, I will be attending the Queensland Jobs Growth Summit at Parliament House, which is being hosted by UQ’s School of Economics (my occasional employer) and the Australia Institute. My business Adept Economics is one of several Summit sponsors. … Continue reading

Posted in IR, Labour market, Macroeconomy, Queensland Government, Uncategorized | Tagged , , , , , , , , , , , , , , | 2 Comments

Queensland businesses remain pessimistic on average

Queensland businesses remain a relatively pessimistic bunch, based on the latest data from the Westpac-CCIQ Pulse Survey, which I have previously argued is the most reliable data on business confidence in Queensland (see my post from June). CCIQ’s media release … Continue reading

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Business confidence in Queensland – the most reliable estimate (Westpac-CCIQ) is the most worrying

There is currently a large disparity among business confidence survey results for Queensland. The Sensis and Westpac Group-CCIQ reports for the March quarter suggest business confidence is relatively low, but the NAB report for the month of April, which the … Continue reading

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Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading

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Addressing youth unemployment requires reform of workplace relations policies

Youth unemployment has re-emerged as a significant problem in recent years (see chart above), partly as a result of the general economic sluggishness since the financial crisis. Also, Australia’s inflexible workplace relations regulations are likely playing a role, and youth … Continue reading

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Earlier election better for the Queensland economy

It’s good news for the Queensland economy that the Premier is expected to announce a late January or early February election today. The CCIQ September quarter Pulse Survey report notes that uncertainty around the upcoming election has affected business expectations, … Continue reading

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