Tag Archives: gsp

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

Posted on July 17, 2017 by Gene Tunny

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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Qld economy surviving, but not thriving

Posted on June 10, 2017 by Gene Tunny

In his latest column, Stormy times for an economy in the doldrums, Ross Gittins refers to Queensland’s “below-par” growth in State Final Demand, one of the statistics released by the ABS last Wednesday as part of the March quarter National … Continue reading →

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Upcoming Qld Treasury post-Budget briefing on Qld’s economic outlook

Posted on June 7, 2017 by Gene Tunny

Today is National Accounts day, one of those four glorious days each year on which we receive the latest quarterly GDP figures for the national economy, this time for the March quarter. Alas, based on the partial indicators such as … Continue reading →

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Government right to rule out fiscal stimulus

Posted on December 11, 2016 by Gene Tunny

The ½ percent GDP contraction in September quarter that the ABS published last week has raised a lot of questions about the current state of the economy, and whether the Government should do more in terms of economic reform or … Continue reading →

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ABS data confirm Qld economy under-performed in 2015-16

Posted on November 21, 2016 by Gene Tunny

The annual gross state product (GSP) data the ABS published on Friday revealed Queensland’s lacklustre economic growth of 2% in 2015-16 (compared with 2.8% nationally) was heavily influenced by the transition at the end of the mining boom. The data … Continue reading →

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Targeting infrastructure spending as a % of GSP won’t work – Guest post by Joe Branigan

Posted on May 12, 2016 by Gene Tunny

Again, I am delighted to publish a guest post from my good friend and former Treasury colleague Joe Branigan. The usual disclaimer applies, that the views expressed in this article are Joe’s and should not necessarily be attributed to me. … Continue reading →

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Guest post from Joe Branigan: A quick refresher course in how to create jobs

Posted on April 26, 2016 by Gene Tunny

I am delighted to publish this guest post from my friend and former Treasury colleague Joe Branigan, who is also attending today’s Jobs Growth Summit at Parliament House, Brisbane (see my previous post Jobs Growth Summit a great opportunity to … Continue reading →

Posted in Infrastructure, IR, Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 4 Comments

Trend is the Treasurer’s friend

Posted on February 17, 2016 by Gene Tunny

The Queensland Treasurer Curtis Pitt issued an upbeat media release on the Queensland economy yesterday, but I am unsure the Queensland Treasury gross state product (GSP) data he quotes should be interpreted as optimistically as he interprets them. The media … Continue reading →

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How the Qld economy performed over 2015

Posted on December 31, 2015 by Gene Tunny

In 2015, the Queensland economy proved itself resilient to the end of the mining boom, and recovered from the apparent downturn, a so-called technical recession, at the end of 2014. Even though the economy is proving resilient, growth is at … Continue reading →

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments

Exports to bolster Qld economy in difficult year ahead

Posted on September 6, 2015 by Gene Tunny

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 , , , , , , , , | 2 Comments