Tag Archives: queensland

Qld Gov’t to waste $53M attracting temporary film industry activity

After the Queensland Government was willing to spend $8 million to attract a one-night State of Origin game to Townsville last week, it’s unsurprising it will be willing to spend $53 million attracting film productions providing only temporary economic activity … Continue reading

Posted in Queensland Government | Tagged , , , , , | Leave a comment

Cash-strapped Qld Gov’t to charge interstate migrants

Once upon a time, the Queensland Government tried to attract people from interstate by cutting taxes and charges. For instance, Sir Joh famously abolished death duties in the seventies. But times have changed. Now we have a cash-strapped state government … Continue reading

Posted in Budget | Tagged , , , , | 1 Comment

The downside of Australia’s isolation strategy

To political leaders, it often seems easier and less risky to stick with current restrictions, and a lesson from history is that government restrictions often last much longer than is justifiable. Hence, four years after the end of the War, … Continue reading

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

Coal comeback good news for Qld economy

Last week saw a surge in coal prices due to global demand and supply factors (some of which are likely only temporary), as discussed in a nice piece by Bloomberg journalists reprinted by the Brisbane Times It’s not over for … Continue reading

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

Qld economy’s growth rate reduced by business CAPEX fall

Queensland had the second lowest rate of State Final Demand (SFD) growth in the first quarter of 2021, according to the March quarter National Accounts published by the ABS yesterday. Queensland’s SFD grew at 0.4% compared with a national average … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | 1 Comment

Housing approvals at record high nationwide, but Qld’s historic high was in mid-1990s

Soaring property prices and surging building approvals highlight a residential property market super-charged by record-low interest rates, returning expatriates, and a Fear Of Missing Out (FOMO). CoreLogic has estimated property prices were up 2.2% nationwide in May and up 2.0% … Continue reading

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

Mining CAPEX has been growing in WA, falling in Qld

Mining sector capital investment has been increasing in WA but falling in Queensland, according to March quarter capital expenditure data published by the ABS yesterday (see chart above). This would reflect a combination of the following factors: the stronger demand … Continue reading

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

Surge in new houses and reno’s offset by slump in non-residential construction in Qld

The ABS’s preliminary estimates of construction activity for March quarter are discouraging for Queensland, with an overall fall of 1.7% since December quarter in seasonally adjusted terms (see chart below). In contrast, construction work done increased by 2.4% nationwide. NSW … Continue reading

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

Role of Qld Parliament in public finance – upcoming ASPG event on 14 June 21

Thanks to the Queensland chapter of the Australasian Study of Parliament Group (ASPG) for inviting me to be a panel member at its upcoming event The role of Parliament in public finance on 14 June at Parliament House, Brisbane. My … Continue reading

Posted in Queensland Government | Tagged , , , , , | Leave a comment

Decarbonising the Economy – my latest podcast episode

The latest episode of my Economics Explored podcast is on the topic of decarbonising the economy. My monologue is based on a talk I gave last Tuesday to the First Tuesday Club forum hosted by the Brisbane Dialogues group at … Continue reading

Posted in Energy, Environment, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 8 Comments