Tag Archives: qld

Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Posted on May 21, 2015 by Gene Tunny

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 6 Comments

Budget briefing – speech notes and slides

Posted on May 18, 2015 by Gene Tunny

Last Friday afternoon I gave a presentation on the 2015-16 Budget at a private function I organised at the Tattersall’s Club in Brisbane. My slides are available for download (Budget briefing 15 May 15). Budget briefing Good afternoon. Today I’d … Continue reading →

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Qld retail trade grows strongly in March quarter – good sign economy is re-balancing post-mining boom

Posted on May 6, 2015 by Gene Tunny

The latest retail turnover data released by the ABS today confirm my view that growing consumption spending will help offset the negative impacts of the end of the mining boom (see my speech on the end of the mining boom). … Continue reading →

Posted in Retail trade | Tagged , , , , | 3 Comments

End of the mining boom – speech notes and slides

Posted on May 5, 2015 by Gene Tunny

In Brisbane today, in the theatre of Morgans Financial Limited, along with Griffith’s Tony Makin and Morgans’ Michael Knox, I spoke on “The end of the mining boom”, at an event organised by Griffith’s APEC Study Centre. My slides are … Continue reading →

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Residential building will help economy adjust to end of mining boom

Posted on May 4, 2015 by Gene Tunny

March quarter building approvals figures released by the ABS today show that the residential building industry, no doubt encouraged by very low interest rates,  will help the economy adjust to the end of the mining boom (see the Queensland data … Continue reading →

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Bad day for developers in Queensland – risk to future investment and jobs

Posted on April 27, 2015 by Gene Tunny

At a time when the Queensland economy is experiencing a huge negative shock from the downturn in the resources sector, and at a time when the health of our recovering building industry is very important, it is discouraging that some … Continue reading →

Posted in Housing, Macroeconomy | Tagged , , , , , , | 10 Comments

Health & aged care will drive jobs growth in coming years

Posted on April 17, 2015 by Gene Tunny

The March labour force data released yesterday by the ABS show the Queensland unemployment rate has stabilised at around 6.5%, which, while relatively high (see chart above), is not too bad from a historical perspective, as I’ve noted before (Don’t … Continue reading →

Posted in Labour market, Population | Tagged , , , , , , , , , | 6 Comments

Risk to Qld Budget of lower dividends from Govt-owned businesses

Posted on April 14, 2015 by Gene Tunny

In addition to royalties revenue being lower than previously forecast, a major risk to the Queensland State Budget in coming years is lower than expected dividends from government-owned businesses. Currently government-owned businesses contribute over $2 billion to the Budget or … Continue reading →

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Upcoming event – 2015 Qld Third Sector Economics Talks

Posted on April 10, 2015 by Gene Tunny

I’m delighted to be a keynote speaker at the upcoming ProBonoEconos and Young Economists event on the so-called third sector of non-profit organisations and charities on the evening of Thursday 7 May at QUT: 2015 Qld Third Sector Economics Talks … Continue reading →

Posted in Budget, nfps, Queensland Government, Social policy | Tagged , , , , , | 2 Comments

Qld coal exports decline of 5.5% big contributor to total exports decline

Posted on April 7, 2015 by Gene Tunny

Lower coal prices have translated into a decline in the value of Queensland’s coal exports (by 5.5% in the year to February 2015), contributing to a 1.6% decline in the value of Queensland’s total commodity exports over the same period … Continue reading →

Posted in Mining | Tagged , , , , , | 4 Comments