Tag Archives: construction

My top ten posts of the 2010s

Posted on December 31, 2019 by

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 , , , , , , , , , , , , | Leave a comment

Worried Master Builders Qld calls for new Building the Education Revolution

Posted on September 11, 2019 by

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 , , , , , , | 2 Comments

Qld construction activity 16% lower than in June quarter last year

Posted on August 28, 2019 by

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 , , , , , | Leave a comment

Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects

Posted on March 3, 2019 by

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 , , , , , , , , , , , | Leave a comment

Queensland construction industry outlook

Posted on April 7, 2018 by

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 , , , , , , , , | Leave a comment

Rising workforce participation reflects improved jobs market in Qld

Posted on August 18, 2017 by

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 , , , , , , , , , | Leave a comment

Nervous times for construction industry with downswing underway

Posted on May 26, 2017 by

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 →

Posted in Housing, Uncategorized | Tagged , , , | Leave a comment

Qld full-time jobs growth since election back in positive territory

Posted on May 19, 2017 by

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 , , , , , , , , , , | 2 Comments

Trouble in Qld construction industry & worse may be to come

Posted on May 17, 2017 by

Referring to the recent failures of building companies such as CMF Projects, CKP, and Cullen, the Courier-Mail this morning observed: …we hear that even the higher profile builders (household names actually) are getting nervous with soaring costs cutting into profits, … Continue reading →

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Residential construction at peak in current cycle in Qld

Posted on March 2, 2017 by

The mini-boom in residential construction, of both inner Brisbane apartments and detached houses in outer-lying areas in SEQ, such as Ripley, Springfield and Yarrabilba, has been important to the economy over the last couple of years. This mini-boom now appears … Continue reading →

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , | 2 Comments