Tag Archives: investment

Qld economy needs pick up in private sector investment

According to the latest National Accounts released by the ABS last week, private sector investment spending fell in Queensland over the March quarter (in seasonally adjusted terms) and State Final Demand would have fallen as well, if it were not … Continue reading

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Qld regions have been struggling and not just the mining ones

Townsville Mayor Jenny Hill’s alleged lack of success in bringing new infrastructure projects to the city may become a major issue in the mayoral election in March next year, based on a report in today’s Townsville Bulletin. The Mayor may … Continue reading

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Qld economy propped up by residential building as business investment slumps

The Brisbane Times has a report this morning on the well-known slump in business investment in Queensland, due partly to the completion or near completion of the LNG projects at Gladstone and partly to relatively low business confidence (see Qld … Continue reading

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Mining leads fall in private sector capital expenditure – Qld technical recession may extend into 2015

The technical recession Queensland experienced in late 2014 may extend into early 2015 based on new ABS data showing the large drop in mining investment from its extraordinarily high levels has continued into the March quarter of 2015 (see chart … Continue reading

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More on Qld’s late-2014 technical recession – Treasury should get out there and defend its figures

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). It’s regrettable that the integrity of the Queensland Treasury has been questioned in the … Continue reading

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Resources sector investment has peaked, but likely to remain strong for a few years yet

The Australian Bureau of Resources and Energy Economics released its latest review of Resources and Energy Projects today (see Committed investment in resources and energy major projects at peak). It shows that although resources sector capital expenditure has peaked, it should … Continue reading

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