Tag Archives: qld

Strong growth in Gold Coast airport passenger numbers in 2012-13

Posted on August 1, 2013 by Gene Tunny

Queensland Airports Ltd, which operates the Gold Coast, Townsville, Mt Isa and Longreach airports, today reported good growth in airport passenger numbers over 2012-13, largely driven by strong growth at the Gold Coast airport (see chart above). The company’s media … Continue reading →

Posted in Gold Coast, Tourism, Townsville | Tagged , , , , , , , , | 4 Comments

Hong Kong billionaire backs Cairns – expect confidence boost in Far North tourism sector

Posted on August 1, 2013 by Gene Tunny

In fantastic news for Cairns, very recently reported by the Financial Review (Billionaire’s QLD casino plan gets speed-up): Hong Kong billionaire Tony Fung’s $4.2 billion international casino and resort project in Cairns has been gazetted by the Queensland government, essentially speeding … Continue reading →

Posted in Cairns, Tourism | Tagged , , , , , | 2 Comments

Still waiting for building industry recovery

Posted on July 30, 2013 by Gene Tunny

The Queensland building industry will continue to experience lean times over coming months with building approvals remaining significantly lower than they were before the financial crisis (see chart below based on today’s latest ABS data). While seasonally adjusted building approvals … Continue reading →

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Tourism recovering nicely on Gold Coast, not so elsewhere

Posted on July 23, 2013 by Gene Tunny

Tourism and Events Queensland (TEQ) released some Regional Snapshots for the year ended 2013 yesterday, and they show a good result for the Gold Coast (see Gold Coast Regional Snapshot), with total visitors up 9%, but less inspiring and somewhat … Continue reading →

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Largest unemployment rate increases over 2012-13 in metro Brisbane and Central Qld

Posted on July 19, 2013 by Gene Tunny

I’ve mapped the changes in regional unemployment rates over 2012-13 (based on Queensland Treasury’s briefing on yesterday’s ABS data) in the maps below. The largest increases in the unemployment rate are in metropolitan Brisbane, related in part to public service … Continue reading →

Posted in Brisbane, Labour market, Mackay, Mining | Tagged , , , , , , , , | 2 Comments

Solar subsidy creates suburban “eyesore” on Gold Coast

Posted on July 18, 2013 by Gene Tunny

In describing how government policies can have strange effects, economic textbooks often refer to the window tax that applied in Britain in France in the 18th and 19th centuries. This tax resulted in a number of households bricking up windows … Continue reading →

Posted in Energy, Environment, Gold Coast | Tagged , , , , , , | 2 Comments

Ipswich will play important role in eventual recovery of Qld building industry

Posted on July 15, 2013 by Gene Tunny

With Springfield continuing to grow and a new master-planned community being developed at Ripley Valley, Ipswich will play an important role in the eventual recovery of Queensland’s building industry from its current weak condition. Indeed, residential land data published today … Continue reading →

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Don’t read too much into one month’s unemployment figures – Qld data pretty volatile

Posted on July 11, 2013 by Gene Tunny

Today’s unemployment figures from the ABS confirm a lacklustre economic outlook for Queensland over 2013-14 as the resources sector slows down, but I think it’s too early to conclude we’re heading for anything worse than expected. That is, based on … Continue reading →

Posted in Cairns, Labour market, Macroeconomy, Mining | Tagged , , , , , , , , | Leave a comment

Which Qld regions are the most productive per capita?

Posted on July 10, 2013 by Gene Tunny

Based on Queensland Treasury figures published earlier this year (Experimental Estimates of Gross Regional Product), the North West and Mackay regions of Queensland have the highest levels of gross regional product (GRP) per capita, largely due to mining in each … Continue reading →

Posted in Brisbane, Gold Coast, North Queensland | Tagged , , , , , , , , , | Leave a comment

Greater uncertainty over 2013-14 economic outlook

Posted on July 10, 2013 by Gene Tunny

The last 24 hours have seen the release of a sobering NAB report on its monthly business survey (Business conditions collapse in June, retail worst hit, says NAB) and the latest IMF World Economic Outlook, which has slightly downgraded China’s … Continue reading →

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