Tag Archives: mining

Why the National Accounts matter: podcast chat with Brendan Markey-Towler

Posted on August 20, 2022 by Gene Tunny

This century’s great trends in the Australian economy are evident in the National Accounts data (Chart 1):  a halving of the relative economic contribution of domestic manufacturing, partly due to the car industry shutdown;  the periodic resources booms which have … Continue reading →

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NQ State feasibility should be explored in lead up to Katter-proposed referendum

Posted on October 27, 2020 by Gene Tunny

I’m pleased that Katter’s Australian Party (KAP) leader Robbie Katter will push for a referendum on North Queensland statehood in the first half of 2021, as reported on news.com.au. It appears there is widespread disappointment in the North with the … Continue reading →

Posted in North Queensland | Tagged , , , , , , , , , , , | 2 Comments

Mining & Ag have partly shielded several Qld regions from COVID shock

Posted on August 28, 2020 by Gene Tunny

As shown in my post on the latest payroll jobs data from the ABS, the regions which have fared the best in Queensland since the COVID-related economic crisis began in March are Toowoomba and Central Queensland, likely due to the … Continue reading →

Posted in Agriculture, Labour market, Mining, Toowoomba | Tagged , , , , , , , , , , , | Leave a comment

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

Posted on July 6, 2020 by Gene Tunny

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

Australia’s (and Qld’s) climate change policy predicament

Posted on January 14, 2020 by Gene Tunny

Yesterday, the Financial Times published a blistering op-ed by its Chief Foreign Affairs Commentator Gideon Rachman: Australia is no longer the lucky country (NB pay-walled). It is one of the best summaries of Australia’s current predicament over climate change I’ve … Continue reading →

Posted in Climate change, Mining, Uncategorized | Tagged , , , , , , , , , | 7 Comments

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

Posted on September 3, 2019 by Gene Tunny

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

Posted on August 30, 2019 by Gene Tunny

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

The deteriorating global outlook & Qld’s mining regions – initial thoughts

Posted on August 9, 2019 by Gene Tunny

Each passing week I’m becoming more concerned about the global economic outlook and what it means for us here in Queensland, given that the strength of our resources sector is closely related to the strength of the global economy. My … Continue reading →

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Qld mining CAPEX up 13% or by over $1 billion in 2018

Posted on February 28, 2019 by Gene Tunny

The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading →

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The North West Minerals Province – A Better Public Sector Investment than the Capital City

Posted on February 11, 2019 by Gene Tunny

The North West Minerals Province – A Better Public Sector Investment than the Capital City Guest post by Craig Wilson* Townsville received the lion’s share of the media coverage in Australia and around the world from the recent flood events. … Continue reading →

Posted in Infrastructure, Mining, North Queensland, Uncategorized | Tagged , , , , , , , , , , , , , | 2 Comments