Tag Archives: gsp

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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YIMBY, self-fulfilling prophecies, Cairns tourism & Qld GSP growth: Comments & questions on my outlook presentations

I’ve had several interesting comments and questions regarding my economic outlook presentations last week. YIMBY – Yes in my backyard In my Brisbane Club presentation last Wednesday Qld: Hot or not? I commented on Brisbane City Council’s temporary planning instrument … Continue reading

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Comments on Deloitte’s latest economic outlook for Qld

The latest economic reports from Deloitte and CommSec are out and, no doubt to the disappointment of their respective media officers, are both covered in the same Courier-Mail report this morning by John McCarthy: QUEENSLAND appears to be stuck near … Continue reading

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Qld’s economic outlook for 2018

CCIQ’s Joseph Kelly has published a nice note titled Business 2018 examining the outlook for Queensland business in 2018, in which he suggests “2018 has all the elements to be the year for business.” Factors that will boost Queensland’s economy … Continue reading

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Qld’s real gross state income surged in 2016-17 as coal prices recovered strongly

According to ABS State Accounts data released today, Queensland’s real gross state income surged 7.5% in 2016-17, the highest growth rate among States and Territories, owing to the strong recovery in coal prices during that financial year (see chart below).* … Continue reading

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Improved economic conditions may give Qld Gov’t confidence to call early election

Queensland political observers were stunned today when State Government Ministers started giving what appeared to be end-of-term wrap up speeches in Parliament, raising the possibility of an early election in September or October. With some of the Government’s recent announcements, … Continue reading

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Queensland’s economic transition since the end of the mining investment boom

According to the Brisbane Times, at the LNP state conference on Sunday, Queensland Opposition Leader Tim Nicholls was highly critical of the Government’s economic management: “…you certainly can’t create jobs or effectively manage our finances when the Queensland domestic economy … Continue reading

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