Tag Archives: qldoutback

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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Heavy construction decline has been greater in Qld than in WA

As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading

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Stark difference in unemployment rates between resources regions and rest of Qld

The Queensland branch of the Economic Society of Australia, of which I am the Secretary, was fortunate last Tuesday to host a presentation by Queensland Treasury official Greg Uptin on the economic forecasts underpinning the 2016-17 Queensland Budget. Greg gave … Continue reading

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