Tag Archives: covid-19

Livestream on US inflation, Aussie jobs data, and Qld’s low vax rate

Yesterday afternoon I did my first livestream, covering: the growing concern internationally about accelerating inflation, prompted by the latest US CPI figures; the September ABS Labour Force data revealing big drops in hours worked and workforce participation in the locked-down … Continue reading

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Good sign the Great COVID Panic will end in Qld soon

A few weeks ago I observed that it took the NRL Grand Final for the Queensland Government to adopt a more rational approach to the pandemic, and now, thankfully, there are further signs of rationality from the Government, with the … Continue reading

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Hospital funding fight the latest illustration of the big problem with vertical fiscal imbalance in our federation

There is a deep structural problem underlying the current hospital funding fight between the Queensland Premier and the PM, the vertical fiscal imbalance (VFI) between the state’s spending responsibilities and the Commonwealth’s revenue raising powers. The states receive around half … Continue reading

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Pre and post-COVID population projections

I’ve had some readers query the point made in Capricorn Enterprise’s blurb for the upcoming Major Projects Forum regarding the 600k reduction in Australia’s population (relative to the pre-pandemic trajectory) by 2024 (see my post Upcoming Major Projects Forum in … Continue reading

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Lockdowns reduce retail trade 14-17% in NSW and ACT compared with pre-lockdown levels

Thankfully, and better late than never, the upcoming NRL Grand Final has forced the Queensland Government to recognise the large economic costs associated with lockdowns, and it has decided not to panic this time, and surprisingly it has not yet … Continue reading

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Upcoming Major Projects Forum in Rockhampton on 28 October 2021

I’m thrilled that I’ve been invited to return to present at Capricorn Enterprise’s Major Projects Forum in Rockhampton on Thursday 28 October. Here’s the blurb: The Capricorn Enterprise Major Projects Forum is the premier project forum in the region, covering … Continue reading

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Super high coal prices will boost royalties and slow the increase in Qld state debt

Back in early August I observed that higher coal prices were helping the Qld economy and state budget in this time of rolling lockdowns. Amazingly, the all important metallurgical or coking coal price has surged even higher since then. There … Continue reading

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Qld population growth and interstate migration gains in perspective

There is much excitement about Queensland having the highest population growth in Australia at the moment (e.g. see the Courier-Mail report ‘Once in a generation boom’ SEQ investment hits $60 billion), although, of course, population growth rates in Queensland and … Continue reading

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Lockdowns cause hours worked to fall below pre-pandemic levels

In August, according to the latest ABS Labour Force data, total hours worked were well below March 2020 levels in NSW (-11.1%), and they were 2.9% below nationally and 0.9% below in Queensland (see the chart below). Victoria was slightly … Continue reading

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How much momentum does business investment in Qld have?

Last week, in responding to widespread business anxiety over the economic outlook, the Queensland Treasurer tried to talk up the economy by noting the June quarter National Accounts revealed a 5.7% increase in private investment in Queensland. Such strong growth … Continue reading

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