Tag Archives: r

Bad economic news keeps coming – declining job vacancies & inverted US yield curve

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading

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Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , , , , , , , | 4 Comments

The 7 habits of highly effective economists – Part 1: Habits 1 to 3 for private victory

I’ve recently become a huge fan of Tim Ferriss’s extraordinary podcast The Tim Ferriss Show. One of the questions Tim regularly asks his super-successful guests is: What is the book (or books) you’ve given most as a gift, and why? … Continue reading

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How you can automate ABS data analysis and charting using R – preview of my upcoming course

In my latest video, I demonstrate how I use the freeware programming language R to automate my analysis and charting of economic data, using the December quarter business indicators data published by the ABS yesterday as an example. I am … Continue reading

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Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects

My colleague Nick Behrens from QEAS has published an informative post on the major projects, such as Cross River Rail and Brisbane Live, which will boost construction activity in Brisbane in future years: The BNE 2025 projects represent a renaissance … Continue reading

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Qld mining CAPEX up 13% or by over $1 billion in 2018

The December quarter capital expenditure data published by the ABS today have beaten expectations (e.g. see Business investment rebounds in otherwise cooling economy), which means the GDP figures which will be released next week will very likely be better than expected. … Continue reading

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Qld “gets its mojo back” on international visitors

Mission Beach-based economist Pete Faulkner has great coverage of the latest international short-term arrivals and departures data for August from the ABS in his latest post: International arrivals still growing; QLD gets its mojo back while Tassie slows As Pete … Continue reading

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Qld regional unemployment rates facet wrap via R

Queensland is such a large and diverse state, with regional economies having vastly different drivers of growth (e.g. tourism in Cairns, mining in Mackay), that it’s often hard to get a sense of how different parts of the state are … Continue reading

Posted in Cairns, Labour market, Mackay, Migration, Mining, Townsville, Uncategorized | Tagged , , , , , , | Leave a comment