Tag Archives: victoria

Premier’s border decision helps, but it’s still early days in any recovery from virus recession

Posted on July 1, 2020 by

The Queensland Premier’s decision to reopen the border to non-Victorian interstate travellers and to bring forward the relaxation of a range of restrictions will no doubt provide a bit of a boost to the economy (e.g. the Courier-Mail is reporting … Continue reading →

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

Big question now is how long and how deep the recession will be

Posted on June 3, 2020 by

The March quarter National Accounts released by the ABS today suggest Australia will have two consecutive quarters of negative economic growth in the first half of 2020, and hence the traditional definition of a recession will be satisfied. That said, … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , , | Leave a comment

Overly optimistic reactions to discouraging GDP data

Posted on December 4, 2019 by

The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading →

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

International education boom – new ABS estimates

Posted on June 7, 2019 by

My office is in the Johnson Hotel, in the middle of the international education precinct around Boundary St, Spring Hill, so I’m very conscious of the international education boom we are experiencing. Even so, I was stunned by newly released … Continue reading →

Posted in Education, Uncategorized | Tagged , , , , , , , | 2 Comments

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 →

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , , , , , , , | 4 Comments

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 →

Posted in Migration, Population, Uncategorized | Tagged , , , , , , , , | Leave a comment

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 →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

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 →

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

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 →

Posted in Tourism, Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

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 →

Posted in Migration, Population, Uncategorized | Tagged , , , , , , | Leave a comment