Tag Archives: hospitality

The indicators look great, but the recovery is very uneven across the economy

In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading

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Qld Premier highlights my JobKeeper comments in Instagram post

Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , , | 2 Comments

JobKeeper has been stimulating in multiple ways – evidence from Lush Marcoola

Well done to Matty Holdsworth from the Sunshine Coast Daily for some excellent reporting on the Lush Marcoola brothel which was re-printed in today’s print edition of the Courier-Mail on p. 47: YOUNG men cashed up on JobKeeper payments kept … Continue reading

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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

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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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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith – Qld budget impact

I caught up with CCIQ Chief Economist Dr Marcus Smith earlier today to chat about the latest economic news and the expected impact of the coronavirus shock on the Queensland state budget. You can listen our conversation here: Highlights of … Continue reading

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Businesses in “survival mode” says CCIQ Chief Economist Dr Marcus Smith

THis afternoon, I caught up via Zoom with CCIQ Chief Economist Dr Marcus Smith to discuss the extraordinary coronavirus-related developments since we last spoke on Sunday. As Marcus notes early in our conversation, which you can listen to below, things … Continue reading

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Just announced shutdowns mean hundreds of thousands now out of work (hopefully only temporarily)

While we knew something like this was coming, it was still awful when it did come. To contain the spread of coronavirus, from midday tomorrow (Monday), pubs, bars, clubs, and gyms will be forced to shut, and restaurants and cafes … Continue reading

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Daylight saving in Qld would be welcomed by hospitality sector

Tomorrow, daylight saving commences in southern states, and Queensland businesses will again experience the inconvenience of being out of sync with customers, clients, suppliers, and partners in southern states. In his latest QEAS blog post, my colleague Nick Behrens has … Continue reading

Posted in Retail trade, Tourism, Townsville | Tagged , , , , , , | 9 Comments