Tag Archives: seq

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

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SEQ should note growing realisation the Olympics is a waste of money

Forty years after the financially disastrous Montreal Olympics, cities around the world are finally realising that hosting the Olympics does not stack up. Brazilians, now experiencing a deep recession, have certainly lost much enthusiasm for the upcoming Rio Olympics (e.g. … Continue reading

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

Upcoming Colin Clark lecture on defending against collusion by suppliers

Australia has had some notorious cases of suppliers colluding with each other to fix prices, such as the SEQ pre-mixed concrete cartel, among Pioneer, Boral and CSR in the early 1990s, and the Visy and Amcor cardboard box cartel in … Continue reading

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