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Recent Posts
- What is the fiscal impulse from the Australian Budget?
- Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May
- Size and structure of the Qld economy: today vs 1939-40 using Colin Clark’s estimates
- White Elephant Stampede – podcast chat w/ Scott Prasser
- Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
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- What is the fiscal impulse from the Australian Budget?
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Tag Archives: tourism
Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May
The big economic question for 2023 is how much the Australian economy will slow down in response to interest rate increases, regarding which we should expect more to come. Queensland’s economy will benefit from a high-performing mining sector, but there’s … Continue reading
Posted in Uncategorized
Tagged abs, budget, capex, jobs, qld, queensland, retail, tourism, vacancies
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Qld hospitality sector has had stronger recovery than NSW and Victorian sectors
Earlier this month, Queensland Airports boss Amelia Evans was reported by the Courier-Mail as saying that travel was bouncing back strongly. Queensland Airports operates the Gold Coast, Townsville, Mount Isa, and Longreach airports, so Ms Evans would have a good … Continue reading
Posted in Macroeconomy
Tagged abs, australia, cafes, covid-19, hospitality, hotels, qld, queensland, restaurants, tourism
2 Comments
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
Posted in Health, Macroeconomy, Tourism
Tagged covid-19, quarantine, queensland, tourism
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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 abs, australia, coronavirus, covid-19, qld, queensland, retailtrade, tourism
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
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
Posted in Tourism
Tagged abs, coronavirus, covid-19, employment, farnorth, goldcoast, jobs, labourforce, qld, tourism, tra
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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
Posted in Labour market, Macroeconomy
Tagged abs, australia, coronavirus, covid-19, cpi, inflation, jobs, queensland, tourism, unemployment, vaccines
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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
Posted in Budget, Macroeconomy
Tagged australia, budget, coronavirus, covid-19, jobs, lockdowns, money, qld, queensland, tourism, unemployment
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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
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
Posted in Uncategorized
Tagged australia, gdp, lockdown, nationalaccounts, qld, queensland, sfd, tourism, victoria
1 Comment