Tag Archives: interestrates

Barcaldine set to boom with big increase in FIFO workers

Posted on May 7, 2013 by Gene Tunny

Queensland Treasury’s non-resident population projections for the Bowen and Galilee Basins show Barcaldine in Central Queensland is the next regional town that will boom due to an influx of fly-in, fly-out (FIFO) and drive-in, drive-out (DIDO) workers (see chart below … Continue reading →

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Retail sector adapting to new frugality – big box shopping & affordable luxuries

Posted on May 7, 2013 by Gene Tunny

Australia’s retail sector has had to adapt to the new frugality as a result of the financial crisis, and it appears that, among bricks-and-mortar retailers, only big box stores such as Bunnings have thrived. Yesterday saw the site launch of the … Continue reading →

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Bunnings & Masters doing well, but clothing retailers struggling

Posted on December 4, 2012 by Gene Tunny

Yesterday’s retail turnover data from the ABS were unimpressive and have added to the case for a rate cut by the RBA Board today, which is almost a certainty. Our sluggish retail turnover reflects both Australia’s high savings rate in … Continue reading →

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , | 2 Comments

Melbourne Cup day rate cut undesirable and unlikely

Posted on November 4, 2012 by Gene Tunny

Jessica Irvine makes an impassioned case for a Melbourne Cup day rate cut from the RBA (Giddy up Reserve Bank and give us an interest rate cut), but I don’t think the RBA Board will provide one. Data in recent … Continue reading →

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Building industry recovery looking more likely – more evidence last RBA rate cut unnecessary

Posted on October 31, 2012 by Gene Tunny

Today’s new ABS building approvals data have generated much excitement at the prospect of a building industry recovery, although Queensland’s increase in September was much lower than NSW’s. The Housing Industry Association notes in a media release today that: “Today’s … Continue reading →

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