Tag Archives: resources

My thoughts on Deloitte’s Confidently Queensland Report

Deloitte, one of the big four professional services firms, has recently released a very interesting and informative report titled Confidently Queensland, which presents Deloitte’s goals for Queensland in 2027: liveable communities, a diversified economy, and inclusive growth. The report was … Continue reading

Posted in Mining, queensland, Queensland Government, Uncategorized | Tagged , , , , , , , | 2 Comments

Strong growth in plant & equipment capex is good news for Qld economy

Last Friday, in his opening statement to the House of Representatives Standing Committee on Economics, RBA Governor Phil Lowe observed: “Nationally, measures of business conditions have picked up noticeably recently. For some time we have been waiting for a lift … Continue reading

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HSBC’s Paul Bloxham on the economic outlook and President Trump

Last Thursday, Paul Bloxham, HSBC Chief Economist for Australia and NZ, gave an excellent briefing on the economic outlook at a lunchtime event organised by the French Australian Chamber of Commerce and Industry (FACCI), and hosted by Clayton Utz at … Continue reading

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

ANU’s Ben Phillips quantifies the real per capita earnings declines in Qld and WA post-mining boom

ANU Associate Professor Ben Phillips, who was in the same UQ Economics Honours class as me, has released an excellent note Trends in Household Living Standards in Australia: 1990 to 2016, which shows significant declines in real per capita earnings … Continue reading

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Heavy construction decline has been greater in Qld than in WA

As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading

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

Stark difference in unemployment rates between resources regions and rest of Qld

The Queensland branch of the Economic Society of Australia, of which I am the Secretary, was fortunate last Tuesday to host a presentation by Queensland Treasury official Greg Uptin on the economic forecasts underpinning the 2016-17 Queensland Budget. Greg gave … Continue reading

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Comment in Courier-Mail on volatile Qld jobs data

With the huge volatility in State unemployment rate estimates, demonstrated by the ABS seasonally adjusted estimate of Queensland’s unemployment rate falling from 6.4% in January to 5.6% in February, and the SA rate increasing from 6.8% to 7.7%, the ABS … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 3 Comments