Tag Archives: qrc

Rates applied to commercial properties by councils frequently lacking in rationality & justification

The Property Council of Australia (QLD) and the Queensland Resources Council have recently released a study Nick Behrens from QEAS and I did for them earlier this year on local government rates paid by non-residential property owners. The study revealed … Continue reading

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Queensland construction industry outlook

The construction industry is very important to the Queensland economy, and it employs nearly 10 percent of all workers (see Queensland Treasury’s Employment by Industry brief). One part of the broader industry, residential construction, has grown strongly in recent years, … Continue reading

Posted in Housing, Infrastructure, Uncategorized | Tagged , , , , , , , , | Leave a comment

Frustrated Qld industry peak bodies (e.g. AgForce, QRC) want greater consultation post-election

Last Sunday, five prominent Queensland industry peak bodies—AgForce, the Property Council, QRC, QTIC and Timber Queensland—issued a joint election platform Driving Queensland’s Economic Growth. It was extraordinary that such a diverse collection of peak bodies were motivated enough and could … Continue reading

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QRC right about problem with royalties – does it now support a resource rent tax?

The new State of the Sector report from the Queensland Resources Council confirms the struggling position of the mining sector, and it must have the Queensland Treasury considering further royalties revenue write downs. It also makes me wonder whether the … Continue reading

Posted in Mining, Uncategorized | Tagged , , , , , | 6 Comments

End of the mining boom – speech notes and slides

In Brisbane today, in the theatre of Morgans Financial Limited, along with Griffith’s Tony Makin and Morgans’ Michael Knox, I spoke on “The end of the mining boom”, at an event organised by Griffith’s APEC Study Centre. My slides are … Continue reading

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Economic impact of mining can be over-stated, according to PC

The Productivity Commission released a very interesting research note earlier this month titled On input-output tables: Uses and abuses. Input-output tables are the matrices that show how all the industries of the economy are connected to each other – e.g. … Continue reading

Posted in Mining | Tagged , , , , , , , | 1 Comment

Good news on Qld coal exports and tourism

The Queensland Transport Minister Scott Emerson released some encouraging figures on coal exports yesterday, which I’ve charted below (Ports back to pre-GFC coal volumes): In part, the strong growth rates in the chart above reflect the coal industry recovering from … Continue reading

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

RBA confirms QRC analysis – resources sector spends mega bucks domestically

The RBA has released an excellent though technically demanding research paper on Industry Dimensions of the Resources Boom, which has received coverage in today’s Australian (Mining spreads work to 500,000). The RBA analysis confirms the analysis conducted by Reuben Lawrence … Continue reading

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Billion dollar Jobs Plan assumes local businesses aren’t getting fair share of work from big projects

The Commonwealth Government’s $1 billion Jobs Plan announced today (see media release) appears to be based on an assumption that Australian businesses aren’t getting a fair share of work out of major projects. I find this odd considering the massive … Continue reading

Posted in Industry policy | Tagged , , , , , , | 1 Comment

Economic impact of the Big Wet in Queensland

The heavy rain, winds and floods that have resulted from ex-tropical cyclone Oswald have caused a large amount of human suffering and will have an adverse short-term impact on Queensland’s economy. I expect the adverse short-term impacts will arise mainly as … Continue reading

Posted in Cyclones, Floods, Macroeconomy | Tagged , , , , , , , , , , | 3 Comments