Tag Archives: qld

Regional Qld still suffering from mining downturn and drought

ABS regional labour force data for April reveal increasing unemployment in regional Queensland, particularly in Townsville and the Queensland outback, as regional Queensland endures the mining downturn and drought. Unemployment in the Queensland outback was at 10.4% in April, up … Continue reading

Posted in Labour market, North Queensland, Uncategorized | Tagged , , , , , | 5 Comments

My comments on super repatriation in today’s Courier-Mail

Page 17 of today’s Courier-Mail I am obviously concerned about the possible risks associated with the State Government’s planned withdrawal of funds set aside to meet defined benefit superannuation liabilities, and I am quoted to this effect in today’s Courier-Mail, … Continue reading

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

Townsville Super Stadium guest post by Joe Branigan

My fellow economists and friends are doing a good job of making me redundant as a blogger. Today’s guest post is from Joe Branigan of the SMART Infrastructure Facility and Cadence Economics. GT. So JT* wants a brand new football … Continue reading

Posted in Townsville, Uncategorized | Tagged , , , , , , | 5 Comments

Guest post by Rod Bogaards: Opportunity lost for Personalised Transport Review

The long-awaited Green Paper for the Personalised Transport Review (aka the Uber Review) has been released. The trouble is, as highlighted by Gene Tunny in a previous post, the Green Paper provides almost no analysis to objectively assess the most … Continue reading

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

Uber/Taxi Green Paper not too bad, but needs more economic analysis and evidence

In the Green Paper on Queensland’s Personalised Transport Industry released by the Queensland Government yesterday, I was hoping to see a cost-benefit analysis of the different reform options, an analysis which would reveal the large benefits to consumers coming from … Continue reading

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

Qld unemployment rate trends up and jobs trend down

The April 2016 ABS jobs data confirm the view I have expressed for a while now that the Queensland economy is under-performing (see charts below and Treasury’s brief). While in South-East Queensland conditions appear reasonable, the regions are struggling with … Continue reading

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

New motor vehicle sales lower in Qld than before financial crisis

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, … Continue reading

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

Cross River Rail equals mega-project equals mega-risk

Shadow Assistant Treasurer Andrew Leigh is a very good economist, so I hope he is encouraging his colleagues to wait for and fully scrutinise the Cross River Rail business case being delivered in June, before the Federal Opposition commits to … Continue reading

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

Targeting infrastructure spending as a % of GSP won’t work – Guest post by Joe Branigan

Again, I am delighted to publish a guest post from my good friend and former Treasury colleague Joe Branigan. The usual disclaimer applies, that the views expressed in this article are Joe’s and should not necessarily be attributed to me. … Continue reading

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

Government ownership of QIC becoming less appropriate every day

The Queensland Treasurer’s media release yesterday regarding QIC’s purchase of a large stake in a Northern Australian cattle business should have raised eyebrows: Treasurer Curtis Pitt has welcomed today’s announcement that the Queensland Government’s investment manager, QIC, will acquire 80 … Continue reading

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