Tag Archives: qldeconomy

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

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

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

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

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

Posted in Budget, Housing, Infrastructure, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments

How the Qld economy performed over 2015

In 2015, the Queensland economy proved itself resilient to the end of the mining boom, and recovered from the apparent downturn, a so-called technical recession, at the end of 2014. Even though the economy is proving resilient, growth is at … Continue reading

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Upcoming event on drivers of Qld economy – presentation by James Keating from QCA

The French-Australian Chamber of Commerce has organised an interesting event for Wednesday evening, 1 April in Brisbane CBD, featuring a presentation by James Keating from the Queensland Competition Authority: Which industries are currently driving the Queensland economy? I’m very interested … Continue reading

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ABC radio interview on outlook for Qld economy

Steve Austin from 612 ABC Brisbane interviewed me yesterday morning regarding the economic outlook, and I gave my current view that the economy is relatively weak at the moment, but there are reasons for optimism for later in the year … Continue reading

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Good set of policy principles (mostly) from new Queensland think tank AiP

New Queensland think tank the Australian Institute for Progress (AiP) has released a set of high-level policies for the Queensland election, which are mostly consistent with sound public finance and the promotion of free markets (see Our priorities for Queensland … Continue reading

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Earlier election better for the Queensland economy

It’s good news for the Queensland economy that the Premier is expected to announce a late January or early February election today. The CCIQ September quarter Pulse Survey report notes that uncertainty around the upcoming election has affected business expectations, … Continue reading

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