Tag Archives: lng

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

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Upcoming Qld Treasury briefing on Budget economic forecasts to ESA Qld

As the Secretary of the Queensland Branch of the Economic Society of Australia, I am very pleased that Greg Uptin, a senior Queensland Treasury official, will once again brief us on the Treasury’s economic forecasts underpinning the 2016-17 State Budget. … Continue reading

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FACCI thriving in time of greater French-Australian economic cooperation

The recent awarding of the $50 billion submarine contract to French firm DCNS was greeted enthusiastically by members of the French-Australian Chamber of Commerce and Industry (FACCI), which is doing terrific things around town and running some excellent events. For … Continue reading

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Exports to bolster Qld economy in difficult year ahead

Queensland Treasurer Curtis Pitt is doing his best to talk up the Queensland economy, noting in recent media releases that Queensland exports are soaring and that Deloitte is forecasting 4.5 per cent economic growth in Queensland in 2015-16 and 4 … Continue reading

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