Tag Archives: qldeconomy

Fantastic December quarter result for Qld economy

The December quarter National Accounts showed a strong rebound for the Australian economy, with economic growth at 1.1 percent for the quarter, while State Final Demand for Queensland grew at 0.9 percent over the quarter according to the ABS. (Note … Continue reading

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Strong growth in plant & equipment capex is good news for Qld economy

Last Friday, in his opening statement to the House of Representatives Standing Committee on Economics, RBA Governor Phil Lowe observed: “Nationally, measures of business conditions have picked up noticeably recently. For some time we have been waiting for a lift … Continue reading

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CommSec highlights importance of residential construction to Qld economy

The latest State of the States report from CommSec highlights the current importance of residential construction to the health of the Queensland economy. As reported by John McCarthy in today’s Courier-Mail: QUEENSLAND’S economy is starting to emerge from the mining … Continue reading

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Good news for the economy as Qld businesses increase investment in machinery & equipment

Despite having some weak regional economies, particularly in the Townsville and Queensland outback regions, the State economy overall recorded reasonably healthy growth in State Final Demand in the June quarter of 0.7 percent in seasonally adjusted terms. This is very … Continue reading

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Qld has lowest annual growth in retail turnover among States and Territories

Weak economic conditions in parts of regional Queensland, particularly the Townsville, Central Queensland and outback regions, have no doubt contributed to Queensland having the lowest through-the-year growth in retail turnover among States and Territories, according to May retail turnover data … Continue reading

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Upcoming Qld Treasury briefing on Budget economic forecasts to ESA Qld

As the Secretary of the Queensland Branch of the Economic Society of Australia, I am very pleased that Greg Uptin, a senior Queensland Treasury official, will once again brief us on the Treasury’s economic forecasts underpinning the 2016-17 State Budget. … Continue reading

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Exciting week for economy watchers: State of the States, a possible rate cut, and the Budget

CommSec’s latest State of the States Report is out today, and, while I think its placement of Queensland in around the middle of Australia’s States and Territories (5th out of 8) is reasonable, I have some sympathy for Queensland Treasurer … Continue reading

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