Tag Archives: exports

Surge in overseas exports has given Qld a rare trade surplus

Posted on May 5, 2017 by

Queensland Treasury’s December quarter State Accounts estimates released earlier this week were encouraging, with gross state product (GSP) growth recorded at 0.9 percent for the quarter and 3.4 percent through-the-year, which are very respectable growth rates, particularly with population growth … Continue reading →

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Coal and LNG push Qld commodity exports up to $1 billion per week

Posted on February 9, 2017 by

The surge in coal prices in the second half of 2016 and increased exports of LNG from Gladstone’s Curtis Island have pushed Queensland’s commodity exports to over $52 billion in 2016, or $1 billion per week, up from around $49 … Continue reading →

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , | 3 Comments

Exports to bolster Qld economy in difficult year ahead

Posted on September 6, 2015 by

Queensland Treasurer Curtis Pitt is doing his best to talk up the Queensland economy, noting in recent media releases that Queensland exports are soaring and that Deloitte is forecasting 4.5 per cent economic growth in Queensland in 2015-16 and 4 … Continue reading →

Posted in Exports, Macroeconomy | Tagged , , , , , , , , | 2 Comments

Undoubtedly China crash bigger risk to Australia than Grexit

Posted on July 7, 2015 by

The news.com.au finance reporter Frank Chung is right to note the risks to Australia from a possible crash in China are much greater than the risks from the Greek crisis (see Chinese chaos worse than Greece). We are much more … Continue reading →

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Strong LNG-led export growth means Qld should record economic recovery in first half of 2015

Posted on July 6, 2015 by

Queensland appears on track to record a recovery from the technical recession of the second-half of 2014, due to a large increase in exports in recent months, in part associated with the LNG now being shipped out of Gladstone (see … Continue reading →

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New evidence stimulus worsened our competitiveness from Makin & Ratnasiri

Posted on May 20, 2015 by

Griffith University Economics Professor Tony Makin and his co-author Shyama Ratnasiri have just published an interesting paper (Competitiveness and government expenditure: The Australian example) presenting new econometric evidence that suggests fiscal stimulus in response to the financial crisis worsened Australia’s … Continue reading →

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Qld coal exports decline of 5.5% big contributor to total exports decline

Posted on April 7, 2015 by

Lower coal prices have translated into a decline in the value of Queensland’s coal exports (by 5.5% in the year to February 2015), contributing to a 1.6% decline in the value of Queensland’s total commodity exports over the same period … Continue reading →

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