Tag Archives: goldcoast

Qld economy should cope better than NSW and Vic. economies, but our tourism regions will suffer badly

The ongoing economic fallout of the Delta outbreak continued this week, regardless of the statistical anomaly, due to people leaving the workforce, that was the reported 4.6% national unemployment rate for July. Queensland had the highest unemployment rate (5.2%) among … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , , | 1 Comment

Most host cities lose money on the Olympics – SEQ Olympics needs to be delivered cost-effectively

While it’s exciting news that SEQ is the lead candidate for the 2032 Olympics (check out the Brisbane Times report), the reality is that the Olympics probably won’t be an economic boon and it will end up costing Queensland taxpayers … Continue reading

Posted in Brisbane, Gold Coast, Infrastructure | Tagged , , , , , | 3 Comments

Chat with Joe Branigan on LNP’s New Bradfield Scheme and 5% jobless target and Labor’s $600M Council cash splash

Yesterday afternoon I caught up with my good friend and former Treasury colleague Joe Branigan to chat about the upcoming Queensland election, and you can listen to our wide-ranging conversation via the player/link below. Among other issues, we chatted about … Continue reading

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Second GC motorway should have been built decades ago – BODBTN extract

It was good to see in a media statement yesterday the state government’s commitment to a second M1: The Palaszczuk Government’s economic recovery plan will be significantly boosted with a $755 million commitment to build the 16-kilometre stage one of … Continue reading

Posted in Brisbane, Gold Coast, Infrastructure, Transport | Tagged , , , , , , , , , | 2 Comments

Gold Coast and Inner Brisbane the worst affected Qld regions in employment terms

According to the latest regional payroll jobs data released by the ABS today, in early August employment on the Gold Coast was still 6% below the level it was mid-March, before all the major COVID-related restrictions began (see chart below). … Continue reading

Posted in Brisbane, Gold Coast, Labour market, Macroeconomy | Tagged , , , , , , , , , , | Leave a comment

Qld’s regional economies & COVID-19 – video chat with Pete Faulkner

Earlier today I chatted with Pete Faulkner from Far-North-Queensland-based Conus Business Consultancy Services regarding how Queensland’s regional economies have been impacted by COVID-19. Check out the recording of our Zoom conversation below. You can download the slides we chatted about … Continue reading

Posted in Brisbane, Cairns, Labour market, Mackay, Macroeconomy, Migration, Mining, North Queensland, Population, Tourism, Townsville, Uncategorized, Wide Bay-Burnett | Tagged , , , , , , , , , , , , , , , | Leave a comment

Economic impact of COVID-19 & policy responses webinar for QUT Centre for Data Science

The video recording of a webinar on the economic impact of COVID-19 I participated in last Friday is now available. The other panellists were Danielle Wood from the Grattan Institute, Griffith Professor Tony Makin, and QUT Professor Pascalis Raimondos. My … Continue reading

Posted in Cairns, Gold Coast, Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Chat with CCIQ’s Jack Baxter on collapse in business conditions & confidence

I spoke with CCIQ Economic and Policy Advisor Jack Baxter earlier today regarding the corona-crisis-induced collapse in business conditions and confidence reported in the March quarter Suncorp-CCIQ Pulse Survey report. Business conditions and confidence are at their worst levels in … Continue reading

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State and regional unemployment rates in this time of COVID-19 with Pete Faulkner

Mission Beach-based economist Pete Faulkner from Conus Consulting has been in the news recently with his estimates of the massive adverse impacts that measures to combat coronavirus are having on Queensland’s regional economies (e.g. see the InQueensland report Jobless numbers … Continue reading

Posted in Cairns, Gold Coast, Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

COVID-19 rescue package chat with CCIQ Chief Economist Marcus Smith

In both its scale and scope, the COVID-19 rescue package announced by the Prime Minister and Treasurer this morning is stunning. I spoke with CCIQ Chief Economist Marcus Smith earlier this afternoon regarding what he thinks about the package, and … Continue reading

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