Tag Archives: queensland

Good news on Qld coal exports and tourism

The Queensland Transport Minister Scott Emerson released some encouraging figures on coal exports yesterday, which I’ve charted below (Ports back to pre-GFC coal volumes): In part, the strong growth rates in the chart above reflect the coal industry recovering from … Continue reading

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Queensland’s dynamic labour market

Today’s new ABS data on labour mobility show Queensland has one of the most dynamic labour markets in Australia, with one of the highest proportions of workers having been with their current employer for under twelve months (chart above). I … Continue reading

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Are baby boomers ruining the careers of Gen Xers?

There was a story in News Ltd papers yesterday regarding how “job-hogging boomers don’t know when to quit” and how this potentially has adverse consequences for the businesses they work in and the next generation of employees. While it’s certainly … Continue reading

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Trend data best guide to Qld labour market – seasonally adjusted figures too volatile

There wasn’t much of great interest in the new ABS Labour Force data for Queensland today. While the seasonally adjusted unemployment rate fell from 6.3 per cent in June to 5.9 per cent in July, I suspect this was just … Continue reading

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Good signs for building industry, but conditions will remain weak this quarter

Yesterday’s new ABS data on housing loans were a good sign for the Queensland building industry, as they confirmed strong growth through the year (at 5.8%) in lending for the construction and purchase of new dwellings (also see the HIA media … Continue reading

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Road trip to Roma

I returned to Brisbane this morning, after a road trip to Roma, and I’m much less worried about the Queensland economy than I was at the end of last week when I saw the Federal Treasury’s revised national forecasts in … Continue reading

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Strong growth in Gold Coast airport passenger numbers in 2012-13

Queensland Airports Ltd, which operates the Gold Coast, Townsville, Mt Isa and Longreach airports, today reported good growth in airport passenger numbers over 2012-13, largely driven by strong growth at the Gold Coast airport (see chart above). The company’s media … Continue reading

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Hong Kong billionaire backs Cairns – expect confidence boost in Far North tourism sector

In fantastic news for Cairns, very recently reported by the Financial Review (Billionaire’s QLD casino plan gets speed-up): Hong Kong billionaire Tony Fung’s $4.2 billion international casino and resort project in Cairns has been gazetted by the Queensland government, essentially speeding … Continue reading

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Still waiting for building industry recovery

The Queensland building industry will continue to experience lean times over coming months with building approvals remaining significantly lower than they were before the financial crisis (see chart below based on today’s latest ABS data). While seasonally adjusted building approvals … Continue reading

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Tourism recovering nicely on Gold Coast, not so elsewhere

Tourism and Events Queensland (TEQ) released some Regional Snapshots for the year ended 2013 yesterday, and they show a good result for the Gold Coast (see Gold Coast Regional Snapshot), with total visitors up 9%, but less inspiring and somewhat … Continue reading

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