Tag Archives: tourism

Livestream on US inflation, Aussie jobs data, and Qld’s low vax rate

Posted on October 16, 2021 by Gene Tunny

Yesterday afternoon I did my first livestream, covering: the growing concern internationally about accelerating inflation, prompted by the latest US CPI figures; the September ABS Labour Force data revealing big drops in hours worked and workforce participation in the locked-down … Continue reading →

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Good sign the Great COVID Panic will end in Qld soon

Posted on October 14, 2021 by Gene Tunny

A few weeks ago I observed that it took the NRL Grand Final for the Queensland Government to adopt a more rational approach to the pandemic, and now, thankfully, there are further signs of rationality from the Government, with the … Continue reading →

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Super high coal prices will boost royalties and slow the increase in Qld state debt

Posted on September 22, 2021 by Gene Tunny

Back in early August I observed that higher coal prices were helping the Qld economy and state budget in this time of rolling lockdowns. Amazingly, the all important metallurgical or coking coal price has surged even higher since then. There … Continue reading →

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Qld economy’s growth rate reduced by business CAPEX fall

Posted on June 3, 2021 by Gene Tunny

Queensland had the second lowest rate of State Final Demand (SFD) growth in the first quarter of 2021, according to the March quarter National Accounts published by the ABS yesterday. Queensland’s SFD grew at 0.4% compared with a national average … Continue reading →

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Queenslanders, sign up for Brisbane Holiday Dollars lottery

Posted on April 27, 2021 by Gene Tunny

The Brisbane Holiday Dollars voucher program is a tiny stimulus from a macroeconomic perspective, representing only $3 million of state government funding at the most, but businesses dependent on tourism need all the help they can get given all the … Continue reading →

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The indicators look great, but the recovery is very uneven across the economy

Posted on April 15, 2021 by Gene Tunny

In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading →

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Qld Premier highlights my JobKeeper comments in Instagram post

Posted on March 5, 2021 by Gene Tunny

Thanks to John McCarthy for yesterday’s InQld story picking up my comments in yesterday’s QEW post regarding the need for the federal government to extend JobKeeper in some form for tourism-dependent businesses. John’s story has been noticed and shared by … Continue reading →

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

Post-JobKeeper viability a concern of many Qld businesses

Posted on February 9, 2021 by Gene Tunny

The Chamber of Commerce and Industry Queensland (CCIQ) has released its CCIQ Pulse Survey of Business Conditions for December quarter 2020, and it shows a continuation of the recovery in the second half of 2020 in business conditions and confidence … Continue reading →

Posted in Cairns, Macroeconomy | Tagged , , , , , , , , , , | 1 Comment

Qld’s economy definitely fared better than Victoria’s which suffered badly from Stage 4 restrictions

Posted on January 31, 2021 by Gene Tunny

Weirdly, CommSec’s latest State of the States report ranked Victoria in 3rd place and Queensland in 5th place, even though Queensland’s economy has definitely fared much better during the pandemic than Victoria’s. In my Thursday post I discussed how silly … Continue reading →

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Qld Premier deserves some criticism, but she’s right to highlight needs of struggling tourism-dependent businesses

Posted on January 30, 2021 by Gene Tunny

The NSW Premier, Sky Australia hosts, and other commentators have been quick to criticise Queensland Premier Palaszczuk over her call for the federal government to extend JobKeeper beyond the end of March for struggling tourism-dependent businesses, particularly those in Cairns … Continue reading →

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