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Recent Posts
- Most host cities lose money on the Olympics – SEQ Olympics needs to be delivered cost-effectively
- Interest rates and inflation with Michael Knox, Chief Economist of Morgans
- ABC radio story on Hollywood blockbusters crowding out local productions featuring David Williamson and me
- ‘Hollywood Australia’ supported by generous tax credits and other government subsidies
- Post-JobKeeper viability a concern of many Qld businesses
Top Posts & Pages
- Most host cities lose money on the Olympics - SEQ Olympics needs to be delivered cost-effectively
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- SEQ should note growing realisation the Olympics is a waste of money
- Top twenty largest cities and towns in Queensland by population
- A closer look at the surge in net interstate migration to Qld in September quarter 2020
- Outer-lying suburbs like Townsville's Deeragun the most fertile
- Fiscal Stimulus with Fabrizio Carmignani - my latest Economics Explored podcast episode
- Why Greg Chappell came to Qld in 1973
- Qld has fallen to 5th place in rate of population growth among States & Territories
- Post-JobKeeper viability a concern of many Qld businesses
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Blogroll
Tag Archives: construction
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
Qld full-time jobs growth since election back in positive territory
In April, full-time employment in Queensland continued to recover and is now back above the level that prevailed at the time of the last State election in January 2015, in terms of the trend data that Queensland Treasury prefers to … Continue reading
Posted in Labour market, Uncategorized
Tagged abs, cciq, construction, election, jobs, labourforce, newman, palaszczuk, qld, qldtreasury, queensland
2 Comments