Tag Archives: miningboom

Queensland’s economic transition since the end of the mining investment boom

Posted on July 17, 2017 by Gene Tunny

According to the Brisbane Times, at the LNP state conference on Sunday, Queensland Opposition Leader Tim Nicholls was highly critical of the Government’s economic management: “…you certainly can’t create jobs or effectively manage our finances when the Queensland domestic economy … Continue reading →

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

Qld full-time employment still below level of five years ago, but hopefully is on the upswing

Posted on April 15, 2017 by Gene Tunny

Queensland’s economic story over the last few years has been dominated by the end of the mining boom, which has had particularly adverse impacts in some Queensland regions, such as in the Fitzroy, Mackay and Townsville regions. The end of … Continue reading →

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

Great presentation by HSBC’s Paul Bloxham on the economic outlook to ESA Qld

Posted on November 11, 2015 by Gene Tunny

In Brisbane today, HSBC’s Chief Economist (Australia & NZ) Paul Bloxham gave a terrific presentation on the economic outlook to the Queensland branch of the Economic Society of Australia, of which I am the Secretary. You can download his slides, … Continue reading →

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

Upcoming presentation by HSBC’s Paul Bloxham on Australia’s next growth driver, the services sector

Posted on October 10, 2015 by Gene Tunny

With such significant uncertainty regarding the economic outlook, as the Australian economy is re-balancing at the end of the mining boom, there is much speculation regarding the future drivers of economic growth and jobs. Hence I am delighted that HSBC’s … Continue reading →

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Is the Queensland economy at a standstill?

Posted on August 18, 2015 by Gene Tunny

I’m unsure if the Queensland economy is at a standstill, as suggested by the federal Treasurer Joe Hockey (see today’s Courier-Mail report), but, at best, it is moving slowly and sluggishly. This has meant the Queensland unemployment rate has remained … Continue reading →

Posted in Housing, Macroeconomy, Tourism | Tagged , , , , | 2 Comments

Big divide between SEQ and rest of Qld in jobs growth

Posted on August 16, 2015 by Gene Tunny

Looking at the data in Queensland Treasury’s latest briefing on regional employment, it appears that the bulk of jobs growth that is occurring in Queensland is occurring in the South-East, particularly on the Gold Coast, and many parts of regional … Continue reading →

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Private sector earnings stagnate in Qld at end of the mining boom

Posted on August 14, 2015 by Gene Tunny

New ABS data released yesterday show that average weekly ordinary time earnings in the Queensland private sector fell slightly, by 0.4 per cent, through-the-year to May 2015, no doubt associated with the loss of high-paying jobs in the resources sector … Continue reading →

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More on Qld’s late-2014 technical recession – Treasury should get out there and defend its figures

Posted on May 23, 2015 by Gene Tunny

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). It’s regrettable that the integrity of the Queensland Treasury has been questioned in the … Continue reading →

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Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Posted on May 21, 2015 by Gene Tunny

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 6 Comments

Budget measures insufficient to avoid risk of permanent deficits

Posted on May 12, 2015 by Gene Tunny

Tonight’s Federal Budget will be very disappointing, as the expected measures do not go anywhere near enough to reducing the risk that Australia will end up in a state of permanent deficit, as I’ve previously suggested it would if we … Continue reading →

Posted in Budget | Tagged , , , , , , , , , , , | 2 Comments