Tag Archives: tourism

One in every one thousand people in Qld in quarantine with more to come given sharply rising COVID numbers

According to the Courier-Mail, over 5,400 people, or around one in every one thousand people in Queensland are in active quarantine, mostly because they’re close contacts of COVID cases (see the charts below with data for the Queensland Hospital and … Continue reading

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No way Qld Gov’t can cancel 17 December reopening to other states – Omicron be damned

Fortunately, the Queensland Government gave a firm commitment to reopen the state to interstate visitors on 17 December, and I doubt the Omicron variant will force the Government to cancel that reopening. It would wreck the government politically, just as … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , | 3 Comments

Qld reopening proceeding despite state gov’t generating confusion about entry requirements

Queensland tourism operators would have breathed sighs of relief yesterday after it emerged interstate travellers could rely on PCR tests paid for by Medicare to enter the state. This came after some confusion and anxiety generated by the state government … Continue reading

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Tourism operators need Qld Gov’t to continue reopening and not to panic as COVID comes in

There is a lot of excitement about the reopening of Queensland, which can’t come quickly enough, but at least it is actually happening, so long as the Queensland Government holds its nerve and doesn’t reimpose restrictions once COVID cases start … Continue reading

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

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

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

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

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

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

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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