Tag Archives: nationalaccounts

Qld economy traveling nicely based on June quarter National Accounts data

Just a quick update on the June quarter National Accounts released by the ABS today. GDP growth was a healthy 0.8 percent in the June quarter, or around 3.3 percent in annualised terms, which I suspect is around the sustainable … Continue reading

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Qld economy needs pick up in private sector investment

According to the latest National Accounts released by the ABS last week, private sector investment spending fell in Queensland over the March quarter (in seasonally adjusted terms) and State Final Demand would have fallen as well, if it were not … Continue reading

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Qld economy surviving, but not thriving

In his latest column, Stormy times for an economy in the doldrums, Ross Gittins refers to Queensland’s “below-par” growth in State Final Demand, one of the statistics released by the ABS last Wednesday as part of the March quarter National … Continue reading

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Residential construction at peak in current cycle in Qld

The mini-boom in residential construction, of both inner Brisbane apartments and detached houses in outer-lying areas in SEQ, such as Ripley, Springfield and Yarrabilba, has been important to the economy over the last couple of years. This mini-boom now appears … Continue reading

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Fantastic December quarter result for Qld economy

The December quarter National Accounts showed a strong rebound for the Australian economy, with economic growth at 1.1 percent for the quarter, while State Final Demand for Queensland grew at 0.9 percent over the quarter according to the ABS. (Note … Continue reading

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Government right to rule out fiscal stimulus

The ½ percent GDP contraction in September quarter that the ABS published last week has raised a lot of questions about the current state of the economy, and whether the Government should do more in terms of economic reform or … Continue reading

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US recovery on track, while Australian economists wait anxiously for latest National Accounts

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments