Tag Archives: lng

Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading

Posted in Budget, China, Floods, Macroeconomy, Mining, Retail trade | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Lowest confidence in six years – not a happy Friday in Qld

Earlier this year I encountered some resistance at various presentations I gave on the gloomy outlook for the Queensland economy, but I suspect I wouldn’t get much push back now. Today, the Courier-Mail is reporting on its latest YouGov poll results: CONFIDENCE … Continue reading

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Rates applied to commercial properties by councils frequently lacking in rationality & justification

The Property Council of Australia (QLD) and the Queensland Resources Council have recently released a study Nick Behrens from QEAS and I did for them earlier this year on local government rates paid by non-residential property owners. The study revealed … Continue reading

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Qld Premier’s Export Awards launch at the Tower of Power

I had a great time helping launch the Premier of Queensland’s Export Awards 2019 at 1 William St, a.k.a. the “Tower of Power”, in Brisbane earlier this week. Paul Cooper, Chairman of the Advanced Manufacturing Growth Centre, and I spoke … Continue reading

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QEW week that was video – 3/2 to 9/2/19

Earlier today I recorded this wrap up of the past week, in which I discuss my recent economic outlook presentations (with the latest available at the QMCA website), Ken Henry’s resignation as NAB Chair, and Queensland’s state debt, among other … Continue reading

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

ABC Brisbane radio interview on CommSec & Deloitte economic reports

I had an enjoyable chat yesterday afternoon with Steve Austin on the 612 ABC Brisbane Drive program regarding the latest CommSec and Deloitte economic reports which had generated political debate during the day. While state Treasurer Jackie Trad highlighted that … Continue reading

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AGL Chief Economist to address ESA Qld on National Electricity Market

As you are no doubt aware, one of the big economic challenges facing Australia at the moment is the high cost of energy. An important aspect of the debate around the cost of energy is the future of the National … Continue reading

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Coal and LNG push Qld commodity exports up to $1 billion per week

The surge in coal prices in the second half of 2016 and increased exports of LNG from Gladstone’s Curtis Island have pushed Queensland’s commodity exports to over $52 billion in 2016, or $1 billion per week, up from around $49 … Continue reading

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

ABS data confirm Qld economy under-performed in 2015-16

The annual gross state product (GSP) data the ABS published on Friday revealed Queensland’s lacklustre economic growth of 2% in 2015-16 (compared with 2.8% nationally) was heavily influenced by the transition at the end of the mining boom. The data … Continue reading

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Heavy construction decline has been greater in Qld than in WA

As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading

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