Tag Archives: coal

Resources sector investment has peaked, but likely to remain strong for a few years yet

Posted on May 22, 2013 by Gene Tunny

The Australian Bureau of Resources and Energy Economics released its latest review of Resources and Energy Projects today (see Committed investment in resources and energy major projects at peak). It shows that although resources sector capital expenditure has peaked, it should … Continue reading →

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More signs of slowing growth in resources sector – bad news for Qld budget

Posted on May 13, 2013 by Gene Tunny

Queensland Treasury already made a big downward revision of $1.4 billion over four years in mining royalties in the 2012-13 Mid-Year Fiscal and Economic Review last December, and it may need to shave some more off given the bad news … Continue reading →

Posted in Budget, Housing, Macroeconomy, Mining | Tagged , , , , , , , , , , , , , , | 3 Comments

Barcaldine set to boom with big increase in FIFO workers

Posted on May 7, 2013 by Gene Tunny

Queensland Treasury’s non-resident population projections for the Bowen and Galilee Basins show Barcaldine in Central Queensland is the next regional town that will boom due to an influx of fly-in, fly-out (FIFO) and drive-in, drive-out (DIDO) workers (see chart below … Continue reading →

Posted in Mining, Population | Tagged , , , , , , , , , , , , | 4 Comments

Economic impact of the Big Wet in Queensland

Posted on January 29, 2013 by Gene Tunny

The heavy rain, winds and floods that have resulted from ex-tropical cyclone Oswald have caused a large amount of human suffering and will have an adverse short-term impact on Queensland’s economy. I expect the adverse short-term impacts will arise mainly as … Continue reading →

Posted in Cyclones, Floods, Macroeconomy | Tagged , , , , , , , , , , | 3 Comments