Tag Archives: townsville

Heavy construction decline has been greater in Qld than in WA

Posted on June 30, 2016 by Gene Tunny

As I have discussed previously, relatively weak economic conditions in several Queensland regions, including Townsville and the outback, have been partly due to the mining downturn (see my post from last Saturday). At the same time as capital expenditure on … Continue reading →

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , , , , , , , | 3 Comments

Stark difference in unemployment rates between resources regions and rest of Qld

Posted on June 26, 2016 by Gene Tunny

The Queensland branch of the Economic Society of Australia, of which I am the Secretary, was fortunate last Tuesday to host a presentation by Queensland Treasury official Greg Uptin on the economic forecasts underpinning the 2016-17 Queensland Budget. Greg gave … Continue reading →

Posted in Labour market, Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Regional Qld still suffering from mining downturn and drought

Posted on May 27, 2016 by Gene Tunny

ABS regional labour force data for April reveal increasing unemployment in regional Queensland, particularly in Townsville and the Queensland outback, as regional Queensland endures the mining downturn and drought. Unemployment in the Queensland outback was at 10.4% in April, up … Continue reading →

Posted in Labour market, North Queensland, Uncategorized | Tagged , , , , , | 5 Comments

Townsville Super Stadium guest post by Joe Branigan

Posted on May 24, 2016 by Gene Tunny

My fellow economists and friends are doing a good job of making me redundant as a blogger. Today’s guest post is from Joe Branigan of the SMART Infrastructure Facility and Cadence Economics. GT. So JT* wants a brand new football … Continue reading →

Posted in Townsville, Uncategorized | Tagged , , , , , , | 5 Comments

Tuesday’s Jobs Growth Summit a great opportunity to push for better economic policies

Posted on April 24, 2016 by Gene Tunny

On Tuesday, I will be attending the Queensland Jobs Growth Summit at Parliament House, which is being hosted by UQ’s School of Economics (my occasional employer) and the Australia Institute. My business Adept Economics is one of several Summit sponsors. … Continue reading →

Posted in IR, Labour market, Macroeconomy, Queensland Government, Uncategorized | Tagged , , , , , , , , , , , , , , | 2 Comments

Robust SEQ economy distracts us from weakness in regions, particularly in Townsville

Posted on April 21, 2016 by Gene Tunny

Townsville-based economist Colin Dwyer is getting very worried about his region’s economy, noting in an email to his mailing list today that: “Economic conditions have deteriorated in North Australia’s largest city.  The unemployment rate is the worst it’s been for … Continue reading →

Posted in Labour market, Uncategorized | Tagged , , , , , , , , | 3 Comments

Qld unemployment rate appears stuck around 6%, while national rate falls

Posted on April 14, 2016 by Gene Tunny

Queensland’s under-performing economy was illustrated by March labour force data released by the ABS today. The State’s unemployment rate appears stuck around 6%, while the national unemployment rate continues its steady decline, with the seasonally adjusted national rate falling from … Continue reading →

Posted in Labour market, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , | 4 Comments

Qld economy patchy – SEQ appears fine, but much of rest of Qld struggling

Posted on February 27, 2016 by Gene Tunny

I had a nice chat with Ben Davis on his 4BC Live program yesterday afternoon about the state of Queensland’s economy, a discussion which was inspired by the flurry of press releases that came from the State Government in the … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 10 Comments

Challenging conditions outside SEQ

Posted on January 21, 2016 by Gene Tunny

In his recent commentary regarding strong growth in the retail sector, National Retail Association CEO Trevor Evans noted: “South East Queensland is performing strongly but performance in Queensland is being held back by issues in some areas…Some areas are living … Continue reading →

Posted in Brisbane, Gold Coast, Infrastructure, Labour market, Mackay, Macroeconomy, Mining, North Queensland, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , , , , | 11 Comments

Mackay asks why is Townsville getting special treatment?

Posted on January 20, 2016 by Gene Tunny

Yesterday afternoon I spoke with Elly Bradfield on ABC Radio’s Statewide Drive program about Queensland Nickel entering administration and the likely economic fallout. I reiterated the points I made in this blog yesterday that this could be a big economic … Continue reading →

Posted in Mackay, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , , , | 6 Comments