Tag Archives: victoria

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Posted on March 20, 2019 by

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading →

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Qld less reliant on overseas migration as driver of growth than southern states

Posted on December 31, 2018 by

Over 2018 I have commented regularly that the Queensland economy is under-performing relative to NSW and Victoria, and this has been reflected in the state’s unemployment rate remaining above 6% while the national rate has fallen toward 5%. It should … Continue reading →

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Qld economy continues to disappoint

Posted on December 6, 2018 by

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading →

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Industry groups right to say Qld economy failing to create the number of jobs needed

Posted on December 2, 2018 by

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading →

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Qld “gets its mojo back” on international visitors

Posted on October 17, 2018 by

Mission Beach-based economist Pete Faulkner has great coverage of the latest international short-term arrivals and departures data for August from the ABS in his latest post: International arrivals still growing; QLD gets its mojo back while Tassie slows As Pete … Continue reading →

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NSW the biggest contributor to Qld’s net interstate migration gain

Posted on October 4, 2018 by

Queensland has recently returned to the number one spot among states and territories in terms of net interstate migration flows, as noted in the ABS’s media release last month Queensland the most popular state for interstate movers. Queensland gained 24,000 … Continue reading →

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Qld economy continues to under-perform

Posted on September 29, 2018 by

The Queensland economy continues to under-perform relative to the NSW and Victorian economies. In my post earlier this month, I noted that the Queensland economy remains lukewarm. Economic conditions are much stronger in NSW and Victoria than in Queensland, as … Continue reading →

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