Tag Archives: qldtreasury

Perth might grow larger than Brisbane, but it won’t beat SEQ 200km City

In its media release on its new population projections yesterday, the ABS noted: “Highlights from the ABS projections include Perth overtaking Brisbane in 2028, at three million people, and then ten years later, the Australian Capital Territory overtaking Tasmania.” This … Continue reading

Posted in Brisbane, Gold Coast, Population | Tagged , , , , , , , , | 3 Comments

Unemployment in outer Brisbane

Katherine Feeney has a great article on the Brisbane Times website this morning: Unemployment hitting Brisbane’s outer suburbs hardest. It contains some commentary from me on Brisbane’s labour market that I gave to Katherine when she interviewed me yesterday, in response … Continue reading

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

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

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

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

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

Posted in Housing, Ipswich | Tagged , , , , , , , , , , | Leave a comment

Which Qld regions are the most productive per capita?

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

Queenslanders spending, but not building

It was a week of mixed economic news for Queensland, with the latest ABS data showing retail spending is growing reasonably well in Queensland, while building approvals continue at low levels. Queensland is out-performing the rest of Australia on retail … Continue reading

Posted in Housing, Macroeconomy, Retail trade | Tagged , , , , , | Leave a comment

Queensland regional unemployment maps, May 2013

I’ve prepared some maps based on the ABS regional unemployment rate data released yesterday. I’ve taken the numbers from Queensland Treasury’s briefing on the data, which presents 12-month moving averages of the ABS data to smooth out the high degree … Continue reading

Posted in Brisbane, Cairns, Labour market, Wide Bay-Burnett | Tagged , , , , , , , | Leave a comment

Public service cuts had only temporary impact on unemployment rate

It’s now clear that Queensland public service cuts have had only a temporary impact on the unemployment rate, as I expected and have previously posted on (see Temporary surge in unemployment due to public service cuts and spending restraint). While the unemployment … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , , | 9 Comments

Surat Basin FIFO/DIDO workers to peak this year

Queensland Treasury released its non-resident population projections for the Surat Basin today. They show that fly-in, fly-out (FIFO) and drive-in, drive-out (DIDO) worker numbers will peak this year at around 8,600 and decline over the next few years as the … Continue reading

Posted in Mining | Tagged , , , , , , | Leave a comment

More signs of slowing growth in resources sector – bad news for Qld budget

Queensland Treasury already made a big downward revision of $1.4 billion over four years in mining royalties in the 2012-13 Mid-Year Fiscal and Economic Review last December, and it may need to shave some more off given the bad news … Continue reading

Posted in Budget, Housing, Macroeconomy, Mining | Tagged , , , , , , , , , , , , , , | 3 Comments