Tag Archives: nsw

Overly optimistic reactions to discouraging GDP data

Posted on December 4, 2019 by

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

Posted on August 2, 2019 by

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 →

Posted in Budget, Uncategorized | Tagged , , , , , , , | Leave a comment

International education boom – new ABS estimates

Posted on June 7, 2019 by

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

Posted on March 20, 2019 by

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

Posted on December 31, 2018 by

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

Posted on December 6, 2018 by

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

Posted on December 2, 2018 by

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 →

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