Tag Archives: jobs

Fossil fuels to figure in Qld’s future for decades to come

Despite the Queensland Government promoting the so-called Clean Economy, our state Treasury is still highly dependent on coal royalties, and the prosperity of our regional economies is highly correlated with coal mining. Coal prices remain at high levels and may … Continue reading

Posted in Climate change, Mining | Tagged , , , , , | 2 Comments

Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May

The big economic question for 2023 is how much the Australian economy will slow down in response to interest rate increases, regarding which we should expect more to come. Queensland’s economy will benefit from a high-performing mining sector, but there’s … Continue reading

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Qld has outperformed rest of Australia this decade so far

The May Labour Force data released by the ABS yesterday confirmed Queensland has outperformed the rest of Australia over the last couple of years. My view is that this is due to a range of factors including a surge in … Continue reading

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Qld the fastest growing state with Southerners flocking here: 41k net migration gain in 12 months to Sep-21

At nearly 41,000 people in the twelve months to 30 September 2021, net interstate migration to Queensland is the highest it’s been since the early 2000s, according to the ABS’s latest population estimates (see chart below). Queensland is the fastest … Continue reading

Posted in Macroeconomy | Tagged , , , , | 3 Comments

Qld Economic Outlook for 2022

Prior to the omicron outbreak, I was very confident about the Queensland economic outlook for 2022. I’m still reasonably confident that the state economy will perform well over 2022, but nothing is certain of course. There’s been a bit of … Continue reading

Posted in Labour market, Macroeconomy, Mining | Tagged , , , , , , , , | 2 Comments

Sunny Coast booming | Qld must remain open for business petition

Relative to pre-COVID levels, while all Queensland regions have much higher job vacancies, it is the Sunshine Coast that is well in the lead, according to the National Skills Commission’s internet vacancies data for November 2021, published yesterday (see chart … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , , , , | 2 Comments

Optimism at home, big inflation concerns abroad – catch up with my livestream at 11.30am AEST

While Australian economic policy makers are forecasting a growing economy with moderate inflation, policy makers elsewhere are concerned about accelerating inflation. In the federal budget update released yesterday, the Treasury has forecast a growing economy with inflation within the RBA’s … Continue reading

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Great Resignation chat with Anthony Bersz and Louise Gibson, Remedy Resourcing

The Great Resignation is the label given to the record numbers of people leaving jobs in the US and the UK. For a variety of reasons, many people have re-evaluated their lives and careers during the pandemic. People have quit … Continue reading

Posted in Labour market | Tagged , , , , , , , , , | 2 Comments

PM calls jobs boom, RBA warns of crypto crash, and UK inflation highest in 10 years – upcoming livestream

As I’ve been covering on QEW and will discuss on today’s livestream (link above), there’s a lot of exuberance and optimism about the great Aussie reopening, and PM Scott Morrison has forecast a “jobs boom” based on healthy job vacancies … Continue reading

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Tourism operators need Qld Gov’t to continue reopening and not to panic as COVID comes in

There is a lot of excitement about the reopening of Queensland, which can’t come quickly enough, but at least it is actually happening, so long as the Queensland Government holds its nerve and doesn’t reimpose restrictions once COVID cases start … Continue reading

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