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Recent Posts
- National Electricity Market malfunction of June 2022: my latest podcast episode
- Remarkable turnarounds for Townsville, Mackay, and Cairns
- Why the National Accounts matter: podcast chat with Brendan Markey-Towler
- RBA review: why it’s necessary and what it should recommend
- Qld Gross State Product was up 22% in dollar terms in 2021-22
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- Meat disruption: it’s here and now - guest post by Stephen Thornton
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Top twenty largest cities and towns in Queensland by population
- Qld Economic Outlook for 2022
- National Electricity Market malfunction of June 2022: my latest podcast episode
- Is Townsville or Cairns the capital of North Qld?
- Cross River Rail cost blowout means project doesn’t stack up
- Pick up in thermal coal prices over last month
- Qld the fastest growing state with Southerners flocking here: 41k net migration gain in 12 months to Sep-21
- Six of the ten high growth mining towns in Queensland
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Blogroll
Tag Archives: jobkeeper
Qld economy should cope better than NSW and Vic. economies, but our tourism regions will suffer badly
The ongoing economic fallout of the Delta outbreak continued this week, regardless of the statistical anomaly, due to people leaving the workforce, that was the reported 4.6% national unemployment rate for July. Queensland had the highest unemployment rate (5.2%) among … Continue reading
Posted in Cairns, Macroeconomy
Tagged abs, australia, cairns, covid-19, goldcoast, hoursworked, jobkeeper, lockdowns, nsw, qld, unemployment, victoria
1 Comment
All going down together
What an awful month it’s been so far. For the first time in 12 months, the Gold Coast airport had no flights one day earlier this week, as reported by the Courier-Mail. Businesses across the country are pleading for help. … Continue reading
Posted in Macroeconomy
Tagged businessconfidence, jobkeeper, jobs, lockdowns, nsw, qld, queensland, statefinaldemand, victoria
3 Comments
Here we go again (without JobKeeper) + Cross River Rail looking like an even worse investment now
Firstly, what more can we say about the latest border restrictions other than here we go again, although this time without JobKeeper. Needless to say, this will bring more economic hardship to tourism businesses who need all the trade they … Continue reading
Posted in Transport
Tagged borderclosures, covid, crossriverrail, crr, economy, jobkeeper, qld
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Qld and WA leading Australia in business conditions, based on NAB Survey
It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading
Posted in Budget
Tagged 612abcbrisbane, abc, australia, budget, businessconditions, businessconfidence, jobkeeper, nab, qld, wa
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Online retail falling away from 2020 highs
The big news on the Australian sharemarket yesterday was the 14% drop in the Kogan share price after a market update revealed a drop in earnings for the online retailer (see chart below). This probably should not have been such … Continue reading
Posted in Retail trade
Tagged asx, australia, coronavirus, covid-19, jobkeeper, jobseeker, kogan, onlineretail, retailtrade
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Six houses, alike in dignity… not much else – guest post by Brendan Markey-Towler
This guest post by my good friend and fellow Queensland economist Dr Brendan Markey-Towler makes some excellent points regarding Queensland’s economic recovery from the COVID-recession – e.g. consumption spending has been goosed up by government benefits and, apart from in … Continue reading
Posted in Macroeconomy
Tagged australia, businessinvestment, coronavirus, covid-19, economy, federation, housing, jobkeeper, jobseeker, nsw, qld, victoria, wa
2 Comments
Big test ahead for economy & will we regret all the lockdowns?
The latest retail trade figures from the ABS illustrate the challenge the Australian economy faces over the next few months with JobKeeper and the JobSeeker Coronavirus Supplement ending soon. Household disposable incomes have been boosted by all the generous assistance … Continue reading
Posted in Macroeconomy, Retail trade
Tagged australia, chiefhealthofficer, coronarvirus, covid-19, economicsexplored, jobkeeper, jobseeker, lockdowns, qld, queensland, retailtrade, schools
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Cairns economy post-JobKeeper – conversation with Pete Faulkner of Conus
Queenslanders are waiting anxiously for the state government’s COVID media conference this morning, to learn what’s happening with the infection of the doctor at the PA Hospital. Let’s hope our authorities take into account the fact the vaccine is being … Continue reading
Posted in Cairns, Macroeconomy
Tagged australia, brisbane, cairns, coronavirus, covid-19, flights, jobkeeper, planekeeper, qld, queensland
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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 australia, aviation, cairns, coronavirus, covid-19, depression, hospitality, inqld, jobkeeper, qld, queensland, tourism
2 Comments
Recovery has been better than expected (especially in Qld), but let’s see what happens when JobKeeper ends
Whoever looks after the Queensland Premier’s Instagram account is a social media grandmaster (e.g. see the post below). The regular reminders of the imminent end of JobKeeper on 28 March are contributing to pressure on the federal government to implement … Continue reading
Posted in Macroeconomy
Tagged abs, australia, buildingindustry, cairns, covid-19, gdp, jobkeeper, qld, qldeconomy, statefinaldemand
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Queensland Economy Watch 