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Tag Archives: gladstone
Coal and LNG push Qld commodity exports up to $1 billion per week
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 abs, coal, curtisisland, exports, gladstone, lng, qld, qldtreasury, queensland
3 Comments
ANU’s Ben Phillips quantifies the real per capita earnings declines in Qld and WA post-mining boom
ANU Associate Professor Ben Phillips, who was in the same UQ Economics Honours class as me, has released an excellent note Trends in Household Living Standards in Australia: 1990 to 2016, which shows significant declines in real per capita earnings … Continue reading
Posted in Macroeconomy, Mining, Uncategorized
Tagged australia, earnings, gladstone, livingstandards, mining, qld, queensland, resources, wages
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Heavy construction decline has been greater in Qld than in WA
As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading
Posted in Macroeconomy, Mining, Uncategorized
Tagged abs, capex, construction, constructionactivity, curtisisland, gladstone, heavyconstruction, lng, mining, qld, qldoutback, queensland, resources, townsville, wa
3 Comments
Upcoming Qld Treasury briefing on Budget economic forecasts to ESA Qld
As the Secretary of the Queensland Branch of the Economic Society of Australia, I am very pleased that Greg Uptin, a senior Queensland Treasury official, will once again brief us on the Treasury’s economic forecasts underpinning the 2016-17 State Budget. … Continue reading
Posted in Budget, Macroeconomy, Uncategorized
Tagged csg, curtisisland, forecasts, gladstone, lng, overseastrade, qld, qldeconomy, qldtreasury, queensland
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Exports to bolster Qld economy in difficult year ahead
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 curtisisland, deloitte, exports, gladstone, gsp, lng, meat, qld, queensland
2 Comments
Qld economy propped up by residential building as business investment slumps
The Brisbane Times has a report this morning on the well-known slump in business investment in Queensland, due partly to the completion or near completion of the LNG projects at Gladstone and partly to relatively low business confidence (see Qld … Continue reading
Posted in Housing
Tagged apartments, brisbane, buildingindustry, capex, gladstone, houses, investment, lng, milton, newstead, qld, queensland, westend
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Black hole election – speech notes and slides
For the record, I’m posting the speech notes I prepared for the presentation I gave Wednesday night at the Ship Inn Function Centre in South Brisbane on economic policy issues in the 2015 Queensland election. My slides are available via … Continue reading
Posted in Budget
Tagged debt, electricityprices, gladstone, powerprices, privatisation, qld, qldelection, queensland, townsville
4 Comments
ABC radio interview on outlook for Qld economy
Steve Austin from 612 ABC Brisbane interviewed me yesterday morning regarding the economic outlook, and I gave my current view that the economy is relatively weak at the moment, but there are reasons for optimism for later in the year … Continue reading
Posted in Macroeconomy, Mining
Tagged gas, gladstone, lng, qld, qldeconomy, queensland, royalties, tourism, unemployment
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Queensland economic outlook for 2015
It became clear toward the end of 2014 that the upcoming Queensland election would be fought in a relatively weak economy. 2014 unfortunately saw an increase in Queensland’s unemployment rate from around 6 per cent to around 7 per cent … Continue reading
Posted in Macroeconomy
Tagged australiandollar, buidlingapprovals, cciq, curtisisland, economy, gas, gladstone, lng, myefo, qld, qldtreasury, queensland, royalties, treasury, unemployment
1 Comment
Qld waiting for LNG exports to boost economic growth, as internal demand falls away
The first exports of LNG from Curtis Island off Gladstone are expected to occur later this month, and they can’t come soon enough for the Queensland economy, with our current economic weakness confirmed by State Final Demand estimates in yesterday’s … Continue reading
Posted in Macroeconomy, Mining
Tagged abs, curtisisland, exports, gladstone, gsp, lng, qld, queensland, sfd
2 Comments
Queensland Economy Watch 