Tag Archives: seq

Cross River Rail cost blowout means project doesn’t stack up

Based on recent Courier-Mail reports of a huge cost blowout, the Cross River Rail project could deliver a net loss to the community of around $5 billion, or almost $1,000 for every Queenslander.  The latest news about the troubled Cross … Continue reading

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The 7 habits of highly effective economists Part 2 – Habits 4 to 7: Public victory & renewal habits

I have previously posted Part 1 of the 7 habits of highly effective economists in which I covered the first three habits. This post covers the remaining four. The 7 habits were first defined by the late Stephen R. Covey … Continue reading

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Concentration of Qld population in SEQ expected to increase with its higher rates of net migration

Regarding my previous post noting SEQ’s dominance in population terms, regular QEW reader Mike Willis commented perceptively: Gene, it seems the concentration will be reinforced, if the most recent Qld government statistician’s report is any guide. State population growth is … Continue reading

Posted in Brisbane, Cairns, Gold Coast, Ipswich, Uncategorized | Tagged , , , , , , , , , , , , , | 4 Comments

Qld Councils & the 80/20 rule – 81% of Queenslanders live in just 12 out of 78 LGAs

In the final week of 2018, the Brisbane Times published an article The capital cities that ate Australia, which opened: They are the capital cities eating up the rest of Australia. Already home to more than two-thirds of the nation’s … Continue reading

Posted in Brisbane, Gold Coast, Population, Uncategorized | Tagged , , , , , , , , , , , , | 8 Comments

Fact check: does a majority of Qld’s population live outside the South-East?

Today’s Courier-Mail editorial Parties neglect our regions at their peril contains an interesting factoid: …a majority of the population in this state lives outside the southeastern conurbation with a string of major provincial cities along a vast coastline… Is this correct? … Continue reading

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The Sydney property boom and interstate migration to Qld

Regular QEW blog reader and occasional contributor Mike Willis asked some good questions in response to my post yesterday on Five million Queenslanders by EOFY 2017-18, which noted interstate migration to Queensland is trending up. “Gene, this data is reflected … Continue reading

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Five million Queenslanders by EOFY 2017-18

Sometime around the middle of June next year, Queensland is expected to have 5 million residents (see chart below). This is based on an extrapolation of the Queensland Government Statistician’s Office’s population counter estimate, currently at around 4.95 million, which … Continue reading

Posted in Labour market, Population, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Brisbane unit values fell nearly 3% on average over 12 months to end of January

The huge supply increase in Brisbane apartments has resulted in a fall in unit values of 2.7% in the 12 months to 31 January, according to new CoreLogic estimates published yesterday (see Chart 1, based on data available in the … Continue reading

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

Comments in Courier-Mail on residential construction & First Home Owners’ Grant

I am quoted extensively in John McCarthy’s Courier-Mail article this morning Brisbane house prices showing strong growth while regions are suffering (pay-walled), expressing similar views to those in my post from yesterday. In the Courier-Mail article, I sound more alarmist … Continue reading

Posted in Brisbane, Gold Coast, Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 5 Comments

Risk to SEQ economy from likely downswing in residential construction, as market absorbs huge supply shock

John McCarthy had a very good opinion piece in yesterday’s Courier-Mail on the “Sorry tale of the great Queensland divide”, in which he contrasted SEQ’s relatively strong economic performance with weakness in many regions, an issue which I frequently commented … Continue reading

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