Tag Archives: queensland

Qld has lowest annual growth in retail turnover among States and Territories

Posted on July 6, 2016 by Gene Tunny

Weak economic conditions in parts of regional Queensland, particularly the Townsville, Central Queensland and outback regions, have no doubt contributed to Queensland having the lowest through-the-year growth in retail turnover among States and Territories, according to May retail turnover data … Continue reading →

Posted in Macroeconomy, Retail trade, Uncategorized | Tagged , , , , , , | 4 Comments

Economic conditions partly responsible for return of Pauline Hanson and One Nation

Posted on July 4, 2016 by Gene Tunny

Dennis Atkins had an excellent column in the Sunday Mail yesterday analysing the return of Pauline Hanson and One Nation, noting that One Nation voters had: “…rejected the Turnbull mantra of embracing the future because of anxiety about the cost … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 12 Comments

Heavy construction decline has been greater in Qld than in WA

Posted on June 30, 2016 by Gene Tunny

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 →

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

XRR business case should be released in full to give public comfort it is value for money

Posted on June 28, 2016 by Gene Tunny

Yesterday, the Queensland Government sent the Federal Government the business case for the $5 billion Cross River Rail (XRR) project, but alas it has only provided the public with an inadequate, opaque four-page (not counting the cover page) summary of … Continue reading →

Posted in Transport, Uncategorized | Tagged , , , , , , , | 3 Comments

Qld returns to fourth place in population growth as WA falls back

Posted on June 27, 2016 by Gene Tunny

The new population data released by the ABS last week reveal Queensland is still growing slower than the national average, and much slower than Victoria (see first chart below), a State to which we are still losing interstate migrants in … Continue reading →

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

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

Posted on June 26, 2016 by Gene Tunny

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 →

Posted in Labour market, Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Upcoming Qld Treasury briefing on Budget economic forecasts to ESA Qld

Posted on June 18, 2016 by Gene Tunny

As the Secretary of the Queensland Branch of the Economic Society of Australia, I am very pleased that Greg Uptin, a senior Queensland Treasury official, will once again brief us on the Treasury’s economic forecasts underpinning the 2016-17 State Budget. … Continue reading →

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

Workforce participation drops as Qld economy under-performs

Posted on June 17, 2016 by Gene Tunny

Far North Queensland-based economist Pete Faulkner published a great analysis of the ABS labour force estimates for May on his blog yesterday (Jobs data in Qld is poor again): Unfortunately the picture in Queensland continues to be a weaker one. … Continue reading →

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Qld Budget includes unbelievably low expenditure growth forecasts

Posted on June 15, 2016 by Gene Tunny

As the Queensland Budget bad news (revenue write-downs, super raids, etc) had already been released by the Government, there was not much to get excited about yesterday afternoon, or so I thought. Then I had a look at the Government’s … Continue reading →

Posted in Budget, Health, Uncategorized | Tagged , , , | 6 Comments

Qld Government needs to avoid costly inter-state bidding wars

Posted on June 14, 2016 by Gene Tunny

In the 2016-17 Queensland Budget being handed down today, among other measures, the State Government will allocate $40 million to “aggressively” attract businesses to the State, no doubt through a combination of payroll tax concessions, grants and similar financial incentives … Continue reading →

Posted in Industry policy, Uncategorized | Tagged , , , , , , , | 3 Comments