Tag Archives: queensland

Victoria threatens to overtake Qld in international visitors

Posted on June 8, 2015 by Gene Tunny

In a recent post, regarding new ABS data on the State or Territory in which short-term (i.e. for less than one year) international visitors to Australia spent the most time, Mark Beath asks: “Surely Victoria can’t really be about to … Continue reading →

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

Qld economy enduring shock from end of mining boom as well as could be expected

Posted on June 4, 2015 by Gene Tunny

The March quarter National Accounts data released yesterday surprised on the upside with quarterly growth at 0.9 per cent, but as some commentators have noted there remains a downside risk over the next 12-24 months from much lower capital expenditure … Continue reading →

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

Business confidence in Queensland – the most reliable estimate (Westpac-CCIQ) is the most worrying

Posted on June 1, 2015 by Gene Tunny

There is currently a large disparity among business confidence survey results for Queensland. The Sensis and Westpac Group-CCIQ reports for the March quarter suggest business confidence is relatively low, but the NAB report for the month of April, which the … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 2 Comments

Clear evidence re-zoning decisions favour politically connected – new paper by Murray and Frijters

Posted on May 28, 2015 by Gene Tunny

Cameron Murray and Paul Frijters from the School of Economics at UQ have an excellent  paper out proving what we’ve all long suspected: that the politically well-connected do much better in the property development game than those less well-connected (see … Continue reading →

Posted in Housing | Tagged , , , , , | 2 Comments

Qld losing economic State of Origin at the moment

Posted on May 27, 2015 by Gene Tunny

On the day of the first State of Origin game for 2015, it seems timely to reflect on Queensland’s recent economic performance relative to NSW. Alas, it has not been great, with Queensland actually recording a slight loss of jobs … Continue reading →

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Residential dwelling investment crucial to re-balancing of Qld economy

Posted on May 24, 2015 by Gene Tunny

Queensland Treasury’s latest set of State Accounts, which have created so much controversy (see my previous post on Qld’s technical recession), show just how extraordinary the private sector investment boom was in Queensland, with investment increasing as a share of … Continue reading →

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

More on Qld’s late-2014 technical recession – Treasury should get out there and defend its figures

Posted on May 23, 2015 by Gene Tunny

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). It’s regrettable that the integrity of the Queensland Treasury has been questioned in the … Continue reading →

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Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Posted on May 21, 2015 by Gene Tunny

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 6 Comments

Budget briefing – speech notes and slides

Posted on May 18, 2015 by Gene Tunny

Last Friday afternoon I gave a presentation on the 2015-16 Budget at a private function I organised at the Tattersall’s Club in Brisbane. My slides are available for download (Budget briefing 15 May 15). Budget briefing Good afternoon. Today I’d … Continue reading →

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Qld retail trade grows strongly in March quarter – good sign economy is re-balancing post-mining boom

Posted on May 6, 2015 by Gene Tunny

The latest retail turnover data released by the ABS today confirm my view that growing consumption spending will help offset the negative impacts of the end of the mining boom (see my speech on the end of the mining boom). … Continue reading →

Posted in Retail trade | Tagged , , , , | 3 Comments