Tag Archives: nab

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

Posted in Infrastructure, Macroeconomy, Uncategorized | Tagged , , , , , , , | Leave a comment

Corporate whistleblowers need better protection

At the QUT Business Leaders’ Forum lunch at the Sofitel in Brisbane on Monday, NAB CEO Andrew Thorburn was subjected to a tough line of questioning from the forum moderator, veteran ABC journalist Kerry O’Brien. Thorburn generally performed well, although … Continue reading

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

Business confidence in Queensland – the most reliable estimate (Westpac-CCIQ) is the most worrying

There is currently a large disparity among business confidence survey results for Queensland. The Sensis and Westpac Group-CCIQ reports for the March quarter suggest business confidence is relatively low, but the NAB report for the month of April, which the … Continue reading

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

Residential building activity recovering nicely, but still below levels of mid-2000s

Builders across Queensland should have noticed higher levels of residential building activity lately, although they may still be disappointed activity remains below the levels of the mid-2000s (see chart based on ABS building activity data released yesterday below). The new … Continue reading

Posted in Housing | Tagged , , , , , , , | Leave a comment

Greater uncertainty over 2013-14 economic outlook

The last 24 hours have seen the release of a sobering NAB report on its monthly business survey (Business conditions collapse in June, retail worst hit, says NAB) and the latest IMF World Economic Outlook, which has slightly downgraded China’s … Continue reading

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