Tag Archives: jobs

Qld private sector CAPEX is disappointing – CCIQ’s Dan Petrie is spot on in today’s Courier-Mail

Today’s Courier-Mail reports some punchy comments from CCIQ spokesman Dan Petrie regarding the news that Queensland has the highest number of bankruptcies in Australia: CCIQ spokesman Dan Petrie said the level of private sector investment in the state had fallen … Continue reading

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , | 2 Comments

Let’s keep the “Renewable energy jobs surge” in perspective

Yesterday the ABS released its latest renewable energy jobs estimates and its media release reported a Renewable energy jobs surge on the back of solar. My colleague Nick Behrens from QEAS tweeted about the new data and produced the chart … Continue reading

Posted in Energy, Uncategorized | Tagged , , , , , | 6 Comments

QEW video – the week that was: 27-Jan to 2-Feb-19

First, my thoughts and prayers are with the people of Townsville and North Queensland in this challenging time of heavy rain and flooding. Second, below is a slide show (with commentary) I’ve recorded on the economic news of the last … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 4 Comments

Qld economy continues to disappoint

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading

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

Industry groups right to say Qld economy failing to create the number of jobs needed

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading

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Deloitte’s weird definition of “strong employment growth” for Qld

I was surprised when I read Deloitte’s latest commentary on the Queensland economy, as reported by the Courier-Mail on Thursday (Jobless rate hides Qld’s economic success story), because the commentary makes little sense: QUEENSLAND’S economy is performing strongly despite the country’s … Continue reading

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

Qld only state/territory with 6%+ unemployment rate

The Queensland economy continues to under-perform based on the latest ABS Labour Force estimates released this morning. The state unemployment rate is stuck at 6.2% (in trend terms) while the national rate fell to 5.1% in October from 5.2% in … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , | 1 Comment