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- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Qld retail inquiry - industry demands greater consumer choice and removal of inconsistencies
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- Lockdown CBA podcast discussion with Prof. Douglas Allen of Simon Fraser University
- Bulk of coal mining jobs in Central Qld, but Brisbane has 2-3K
- Is Townsville or Cairns the capital of North Qld?
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Blogroll
Tag Archives: construction
Surge in new houses and reno’s offset by slump in non-residential construction in Qld
The ABS’s preliminary estimates of construction activity for March quarter are discouraging for Queensland, with an overall fall of 1.7% since December quarter in seasonally adjusted terms (see chart below). In contrast, construction work done increased by 2.4% nationwide. NSW … Continue reading
Posted in Uncategorized
Tagged abs, buildingindustry, construction, nationalaccounts, nsw, qld, queensland, sa, victoria, wa
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Most houses approved in one month in Qld since time of high interstate migration in 90s
The Housing Industry Association was quick to proclaim Detached Building Approvals Reach Record High after the ABS published the December building approvals data today. “Detached building approvals” are approvals for houses, as opposed to approvals for apartments or townhouses. Obviously, … Continue reading
Posted in Housing
Tagged abs, banks, buildingapprovals, buildingindustry, construction, corelogic, gdp, gsp, homebuilder, houseprices, interstatemigration, jobkeeper, jobseeker, monetarypolicy, propertyprices, qld, queensland, rba
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Women and the Budget webinar presented by Griffith Business School
Last Thursday I had a great time moderating a webinar on Women and the Budget hosted by the Griffith Department of Accounting, Finance and Economics. Presenters included Dr Leonora Risse of RMIT who has been a visiting fellow at the … Continue reading
Posted in Budget
Tagged budget, childcare, construction, coronavirus, covid, griffith, homebuilder, women
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My top ten posts of the 2010s
Since I started Queensland Economy Watch in June 2010, I’ve attempted to cover the changing fortunes of the Queensland economy and state budget as accurately and objectively as possible. It’s been a great experience. I’ve learned a lot and met … Continue reading
Posted in Uncategorized
Tagged adani, brisbane, cairns, construction, crime, financialcrisis, nq, propertymarket, qew, royalties, superrich, townsville, unemployment
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Worried Master Builders Qld calls for new Building the Education Revolution
Paul Bidwell, Deputy CEO of Master Builders Queensland, has made some extraordinary comments to the Courier-Mail, calling for the federal government to stimulate the construction industry through a new Building the Education Revolution, which was a Rudd Government stimulus measure. … Continue reading
Posted in Housing, Uncategorized
Tagged abs, ber, buildingindustry, construction, masterbuilders, qld, queensland
2 Comments
Qld construction activity 16% lower than in June quarter last year
Back in February, I depressed several hundred people in the construction and property sectors who heard me speak about the economic outlook at various events around Brisbane (e.g. Qld: hot or not?). It was reasonably clear from building approvals and … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged australia, construction, gdp, nationalaccounts, qld, queensland
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Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects
My colleague Nick Behrens from QEAS has published an informative post on the major projects, such as Cross River Rail and Brisbane Live, which will boost construction activity in Brisbane in future years: The BNE 2025 projects represent a renaissance … Continue reading
Posted in Housing, Macroeconomy, Uncategorized
Tagged abs, bne2025, brisbanelive, buildingindustry, civilconstruction, construction, crr, ggplot2, qld, qmca, queensland, r
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Queensland construction industry outlook
The construction industry is very important to the Queensland economy, and it employs nearly 10 percent of all workers (see Queensland Treasury’s Employment by Industry brief). One part of the broader industry, residential construction, has grown strongly in recent years, … Continue reading
Posted in Housing, Infrastructure, Uncategorized
Tagged abs, adani, buildingapprovals, construction, megamine, mining, qldtreasury, qrc, resourcessector
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Rising workforce participation reflects improved jobs market in Qld
I have been commenting on Queensland’s improving labour market for several months now, and the July labour force data released by the ABS yesterday have confirmed that trend is continuing. The State’s unemployment rate remained stable at 6.3 percent in … Continue reading
Posted in Labour market, Uncategorized
Tagged abs, construction, employment, jobs, labourforce, participation, qld, qldtreasury, queensland, unemployment
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Nervous times for construction industry with downswing underway
Last week I forecast a continuing downswing in construction activity (Trouble in Qld construction industry & worse may be to come) and the March quarter construction data released by the ABS on Wednesday have confirmed this (see chart below), as … Continue reading
