Tag Archives: recession

Is it nonsense to talk about a “GDP per capita recession”?

Posted on March 10, 2019 by

My colleague Nick Behrens from QEAS is critical of recent references to Australia’s “GDP per capita recession” by the media and the federal Opposition in his latest post A GDP per capita recession is nonsense. Recall that the December quarter … Continue reading →

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

Qld economy was goosed up by gov’t spending in final quarter of 2018

Posted on March 7, 2019 by

Australia’s weak 0.2% GDP growth in December quarter has prompted talk of a “per capita recession”, as our economy has now been growing at a slower rate than the population for two consecutive quarters (see this SMH report). The national … Continue reading →

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

Mining leads fall in private sector capital expenditure – Qld technical recession may extend into 2015

Posted on May 29, 2015 by

The technical recession Queensland experienced in late 2014 may extend into early 2015 based on new ABS data showing the large drop in mining investment from its extraordinarily high levels has continued into the March quarter of 2015 (see chart … Continue reading →

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Qld losing economic State of Origin at the moment

Posted on May 27, 2015 by

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

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 →

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

Posted on May 23, 2015 by

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

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