Tag Archives: queensland

Health, fitness and software publishing are promising sectors for new Qld businesses

Over the year to June 2013, which saw a decline in total business numbers according to ABS Business Counts data, some Queensland industry sectors nonetheless saw growth in business numbers, particularly health, fitness and software publishing (see chart below based … Continue reading

Posted in Health | Tagged , , , , , , | 2 Comments

Illogical to reject Uber over safety concerns

It’s disappointing the Queensland Transport Minister Scott Emerson has been swayed by the taxi industry’s argument that safety regulations and supply restrictions (i.e. a limited number of taxi licences) are both needed to ensure passenger safety (Brisbane no closer to … Continue reading

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Interstate migration to Qld remains low – overall gain, but net loss to Victoria continues

The new population data released by the ABS yesterday (see the Queensland Treasury brief) show interstate migration – a major source of growth in the 1990s and early 2000s – continues to make only a small contribution to Queensland’s population … Continue reading

Posted in Migration, Population | Tagged , , , | 2 Comments

Lack of consumer confidence reflected in new vehicle sales – but trend towards SUVs continues

Anxious consumers and businesses remained reluctant to purchase new motor vehicles in May, with new vehicle sales 2.1% lower than in April and 4.3% lower than in May 2013 (see ABS summary). Both vehicles for personal and business use appear … Continue reading

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

Qld Govt recognises importance of coal to economy and budget

Reading the Courier-Mail story today about how the Government looks set to favour coal miners over farmers in Central Queensland,  I recalled a chart my friend and colleague Brad Rogers once showed me of the contributions made by different commodities … Continue reading

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

North Qld struggling to recover – Cairns looking slightly better, but not Townsville yet

North and Far North Queensland have had lacklustre economies in the years since the financial crisis, with Cairns especially having suffered from the combined impact of the tourism downturn and an over-supply of properties due to a pre-financial crisis construction … Continue reading

Posted in Cairns, Townsville | Tagged , , , , , | 2 Comments

Tourism & Events Qld deserved funding cut – no turnaround in share of international visitors

I was pleased to see the Government cut funding to Tourism and Events Queensland (TEQ) in the State Budget earlier this week (Tourism and Events Queensland budget slashed by $4.9m), because I’ve always doubted the value of its promotion activities, … Continue reading

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Government should just sell Energex, Ergon & Powerlink

The Government’s interesting proposition for private sector participation in Energex, Ergon and Powerlink, which raises the bulk of the $30-35 billion under the Strong Choices plan, should be attractive to investors because the businesses have reasonably reliable revenue streams they … Continue reading

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

Overall a good Budget, but earmarking sales proceeds for infrastructure funds undesirable

The Queensland Budget released yesterday is a sound plan to reduce Queensland’s large State debt and to set us on a path to eventually reclaiming our AAA credit rating. My old friend and former Treasury colleague Joe Branigan has a … Continue reading

Posted in Budget, Queensland Government | Tagged , , , , | 5 Comments

Queensland Treasurer will deliver necessary though unpopular Budget

Today the Queensland Treasurer will deliver a State Budget that is necessary, but which is likely to be unpopular. It is necessary because getting State debt under control and restoring our AAA credit rating needs to be done now, to reduce … Continue reading

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