Tag Archives: queensland

Upcoming Major Projects Forum in Rockhampton on 28 October 2021

I’m thrilled that I’ve been invited to return to present at Capricorn Enterprise’s Major Projects Forum in Rockhampton on Thursday 28 October. Here’s the blurb: The Capricorn Enterprise Major Projects Forum is the premier project forum in the region, covering … Continue reading

Posted in Labour market, Macroeconomy | Tagged , , , , , , , , , , | 3 Comments

Super high coal prices will boost royalties and slow the increase in Qld state debt

Back in early August I observed that higher coal prices were helping the Qld economy and state budget in this time of rolling lockdowns. Amazingly, the all important metallurgical or coking coal price has surged even higher since then. There … Continue reading

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

Qld population growth and interstate migration gains in perspective

There is much excitement about Queensland having the highest population growth in Australia at the moment (e.g. see the Courier-Mail report ‘Once in a generation boom’ SEQ investment hits $60 billion), although, of course, population growth rates in Queensland and … Continue reading

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Lockdowns cause hours worked to fall below pre-pandemic levels

In August, according to the latest ABS Labour Force data, total hours worked were well below March 2020 levels in NSW (-11.1%), and they were 2.9% below nationally and 0.9% below in Queensland (see the chart below). Victoria was slightly … Continue reading

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Not quite the Smart State

The business R&D estimates published by the ABS last Friday reminded me of the limited economic impact of successive Queensland Government initiatives such as the Smart State and Advance Queensland, although there have been some successes such as the Biosciences … Continue reading

Posted in Industry policy | Tagged , , , , , , , | 2 Comments

How much momentum does business investment in Qld have?

Last week, in responding to widespread business anxiety over the economic outlook, the Queensland Treasurer tried to talk up the economy by noting the June quarter National Accounts revealed a 5.7% increase in private investment in Queensland. Such strong growth … Continue reading

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Lockdowns podcast chat with Senator Malcolm Roberts

One thing that has really shocked me during the pandemic is just how heartless, inconsistent, and hypocritical government policy can be, even when it is directed at promoting the greater good. The latest example of that is obviously the Queensland … Continue reading

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All going down together

What an awful month it’s been so far. For the first time in 12 months, the Gold Coast airport had no flights one day earlier this week, as reported by the Courier-Mail. Businesses across the country are pleading for help. … Continue reading

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

Higher coal prices helping Qld economy and state budget in this time of rolling lockdowns

Coking and thermal coal prices have recovered massively from their pandemic-induced lows in 2020, providing much-needed help to the Queensland economy and state budget in this time of rolling lockdowns. In the chart below are the one-month and twelve-month-ahead futures … Continue reading

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

Brisbane Olympics interview with Grafa’s Grady Wulff

As well as keeping track of the worsening COVID-19 situation, I’ve spent much of this week thinking about the economic consequences and costs and benefits of the 2032 Brisbane Olympics. I was pleased to chat yesterday with Grafa’s Grady Wulff … Continue reading

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