Tag Archives: nsw

Premier’s border decision helps, but it’s still early days in any recovery from virus recession

The Queensland Premier’s decision to reopen the border to non-Victorian interstate travellers and to bring forward the relaxation of a range of restrictions will no doubt provide a bit of a boost to the economy (e.g. the Courier-Mail is reporting … Continue reading

Posted in Labour market, Macroeconomy, Queensland Government, Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

Jobs coming back as economy reopens

The AFR’s Matthew Cranston has nicely summarised the latest payroll data published by the ABS yesterday in his article Job market crawls off floor as recovery begins: The worst appears to be over in the job market with Tax Office … Continue reading

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

Qld-NSW border & Qld Chief Economist comments

I’ve recorded a new video commenting on: the cost to the Queensland economy of the interstate border closure and other coronavirus measures (thanks to CCIQ for putting some estimates out there, which I’ve provided links to below), what’s been happening … Continue reading

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Big question now is how long and how deep the recession will be

The March quarter National Accounts released by the ABS today suggest Australia will have two consecutive quarters of negative economic growth in the first half of 2020, and hence the traditional definition of a recession will be satisfied. That said, … Continue reading

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Qld-NSW border war (of words) chat with Joe Branigan from Tulipwood Economics

Currently, the big economic debate in Queensland concerns the border with NSW, which remains closed to interstate visitors. Earlier today I spoke with my old friend and former Treasury colleague Joe Branigan, Director of Tulipwood Economics, who thinks the border … Continue reading

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Overly optimistic reactions to discouraging GDP data

The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading

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

States across Australia borrow to build – my recent state debt commentary

I’ve been talking a lot about Queensland state debt lately, including with the Infrastructure Association of Queensland’s Funders Taskforce on the morning of Friday 19 July. The main points I made were as follows. Queensland’s gross state government debt, on … Continue reading

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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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