Tag Archives: gdp

Federal & state spending propping up national & state economies

I feel sorry for Treasurer Josh Frydenberg, who has the duty of talking up the economy regardless of what the National Accounts data are saying. As you’re no doubt aware by now, the June quarter 2019 National Accounts published by … Continue reading

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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

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Is it nonsense to talk about a “GDP per capita recession”?

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading

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Qld economy was goosed up by gov’t spending in final quarter of 2018

Australia’s weak 0.2% GDP growth in December quarter has prompted talk of a “per capita recession”, as our economy has now been growing at a slower rate than the population for two consecutive quarters (see this SMH report). The national … Continue reading

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How you can automate ABS data analysis and charting using R – preview of my upcoming course

In my latest video, I demonstrate how I use the freeware programming language R to automate my analysis and charting of economic data, using the December quarter business indicators data published by the ABS yesterday as an example. I am … Continue reading

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Qld mining CAPEX up 13% or by over $1 billion in 2018

The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading

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Qld economy continues to disappoint

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading

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