Tag Archives: queensland

Qld Treasurer rightly rejects pessimism about mining industry

Posted on October 24, 2013 by Gene Tunny

I’m pleased to see Queensland Treasurer Tim Nicholls has rejected the doom and gloom around the state of the mining industry in Queensland, as reported in the Brisbane Times this morning (Qld mining industry still strong), pointing to strong growth … Continue reading →

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

Grattan joins fight against stamp duty

Posted on October 21, 2013 by Gene Tunny

Leading Australian think tank the Grattan Institute has joined the fight against stamp duty on property transactions (see Renovating housing policy and Jessica Irvine’s article). Grattan notes (on p.32): Stamp duty and pension asset tests create large disincentives to households … Continue reading →

Posted in Housing, Labour market, Tax | Tagged , , , , , , , , | 4 Comments

Qld Government should maximise revenue from casinos

Posted on October 16, 2013 by Gene Tunny

It’s great news the Queensland Government is intending to increase the number of casino licences (see this ABC News report), given the boost this could give to tourism and the Queensland budget. I’ve previously commented that there is: Scope to … Continue reading →

Posted in Budget, Macroeconomy, Tax, Tourism | Tagged , , , , | 3 Comments

Qld unemployment rate stable at 6 per cent

Posted on October 10, 2013 by Gene Tunny

The September 2013 labour force data are out, and they show the Queensland unemployment rate is stable at around 6 per cent (see chart below). While high relative to the pre-financial crisis period when unemployment fell below 4 per cent, … Continue reading →

Posted in Labour market | Tagged , , , , , , | Leave a comment

Economic impact of mining can be over-stated, according to PC

Posted on October 10, 2013 by Gene Tunny

The Productivity Commission released a very interesting research note earlier this month titled On input-output tables: Uses and abuses. Input-output tables are the matrices that show how all the industries of the economy are connected to each other – e.g. … Continue reading →

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

Qld Treasury Corporation sees improving economic outlook

Posted on October 9, 2013 by Gene Tunny

The latest Weekly Market and Economics Review for 8 October from Queensland Treasury Corporation (QTC) nicely summarises recent data showing an improving economic outlook across Australia: Last week’s dataflow was generally better than expected and consistent with the recent more … Continue reading →

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

Qld’s economic future bright if we look beyond short-term

Posted on October 8, 2013 by Gene Tunny

I agree with Deloitte’s analysis that Queensland’s medium to long-term economic outlook is strong, as reported at the Brisbane Times website this morning (Queensland’s economic future rests on five ‘super wave’ industries): The combined economic power of five “super wave” … Continue reading →

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

Gold Coast should be good location for Rolls-Royce dealership

Posted on October 1, 2013 by Gene Tunny

I noticed the Gold Coast Bulletin has today reported that Queensland’s only Rolls-Royce dealership will be located on the Gold Coast (Coast secures Rolls-Royce dealership). This is potentially a good move, as the Gold Coast certainly has a significant number … Continue reading →

Posted in Gold Coast | Tagged , , , , | 2 Comments

Low level of vacancies suggests sluggish labour market to continue in short-term

Posted on September 26, 2013 by Gene Tunny

There doesn’t appear to be any recovery in Queensland’s jobs market coming in the next few months with job vacancies remaining at relatively low levels (see the chart below based on today’s new ABS job vacancies data). Given the relatively … Continue reading →

Posted in Labour market, Population | Tagged , , , , , , , | Leave a comment

More on the mining slowdown

Posted on September 24, 2013 by Gene Tunny

I posted last week on how the new ABS labour force data show a slowing in the growth rate of mining employment, but no decline in employment yet, as one might have expected based on reports of job losses at … Continue reading →

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