Tag Archives: nsw

International education boom – new ABS estimates

My office is in the Johnson Hotel, in the middle of the international education precinct around Boundary St, Spring Hill, so I’m very conscious of the international education boom we are experiencing. Even so, I was stunned by newly released … Continue reading

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

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

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

Qld less reliant on overseas migration as driver of growth than southern states

Over 2018 I have commented regularly that the Queensland economy is under-performing relative to NSW and Victoria, and this has been reflected in the state’s unemployment rate remaining above 6% while the national rate has fallen toward 5%. It should … Continue reading

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Qld economy continues to disappoint

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Industry groups right to say Qld economy failing to create the number of jobs needed

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading

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Qld “gets its mojo back” on international visitors

Mission Beach-based economist Pete Faulkner has great coverage of the latest international short-term arrivals and departures data for August from the ABS in his latest post: International arrivals still growing; QLD gets its mojo back while Tassie slows As Pete … Continue reading

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NSW the biggest contributor to Qld’s net interstate migration gain

Queensland has recently returned to the number one spot among states and territories in terms of net interstate migration flows, as noted in the ABS’s media release last month Queensland the most popular state for interstate movers. Queensland gained 24,000 … Continue reading

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