Tag Archives: gsp

Qld economy surviving, but not thriving

Posted on June 10, 2017 by

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

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

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

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

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

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

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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