Tag Archives: exports

Qld & Australia exporting lower volumes but earning more, due to higher coal and iron ore prices

Posted on June 19, 2022 by Gene Tunny

The pandemic and China’s trade restrictions have no doubt had some adverse effects on commodity volumes exported from Queensland, but super high commodity prices, associated partly with the war in Ukraine, have more than offset those impacts when it comes … Continue reading →

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Japan is Qld’s top export destination once again, but only by a small margin

Posted on June 18, 2022 by Gene Tunny

Thanks to the Japanese Ambassador for highlighting that Japan has overtaken China to return to being the top destination for Queensland exports, as Japan was for several decades prior to 2013 (see the chart below including data up to April … Continue reading →

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Qld exports were $21bn lower in 2020 due largely to lower coal and LNG prices

Posted on January 25, 2021 by Gene Tunny

At the launch of the Queensland Premier’s Export Awards in May 2019 at the Tower of Power, 1 William St, I spoke about how Queensland’s exports had soared to record levels over the previous few years, largely as a result … Continue reading →

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Where Queensland’s coal exports go

Posted on December 20, 2020 by Gene Tunny

In my post last Tuesday, PM puts China’s Aussie thermal coal ban in perspective, I noted how China’s Aussie coal ban would be much more concerning if it also applied to coking coal, which is more valuable per tonne and … Continue reading →

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Qld economy in big trouble if China follows through with trade threat

Posted on November 7, 2020 by Gene Tunny

Australian investors appear remarkably optimistic about the prospects for patching up our relationship with China given that, as the Financial Review reported yesterday, ASX up 4.4pc in US election, QE week. I can understand why a new round of Quantitative … Continue reading →

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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith

Posted on April 6, 2020 by Gene Tunny

I spoke yesterday afternoon with CCIQ Chief Economist Dr Marcus Smith about the latest COVID-19 news: You can use these timestamps to find the highlights: 3:00 – Marcus’s recent commentary on coronavirus impact on Qld exports (e.g. COVID-19’s billion-dollar hit … Continue reading →

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Qld private sector spending has been falling while government has continued to grow

Posted on December 9, 2019 by Gene Tunny

In Queensland, our over-reliance on the public sector continues, according to the September quarter National Accounts figures from the ABS, which have reinforced concerns about the strength of the national economy and various state economies, including Queensland’s. The National Accounts … Continue reading →

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Qld’s exports to China doubled in less than 2½ years

Posted on June 10, 2019 by Gene Tunny

There was some excellent commentary on the US’s and Australia’s relationships with China on ABC Radio National over the weekend which I can highly recommend: FT’s Martin Wolf interview: Is the US wrong on the trade war? on Saturday Extra … Continue reading →

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Qld Premier’s Export Awards launch at the Tower of Power

Posted on May 14, 2019 by Gene Tunny

I had a great time helping launch the Premier of Queensland’s Export Awards 2019 at 1 William St, a.k.a. the “Tower of Power”, in Brisbane earlier this week. Paul Cooper, Chairman of the Advanced Manufacturing Growth Centre, and I spoke … Continue reading →

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Surge in overseas exports has given Qld a rare trade surplus

Posted on May 5, 2017 by Gene Tunny

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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