Tag Archives: wa

Qld’s heavy CAPEX pipeline dominated by public sector projects

Posted on July 3, 2021 by Gene Tunny

First, thankfully the Queensland Government will lift the Brisbane-Moreton lockdown at 6pm tonight, although the threat of future lockdowns remains, making it challenging to plan anything over the next couple of months. I’m really hoping the COVID spread is contained … Continue reading →

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Mining CAPEX has been growing in WA, falling in Qld

Posted on May 28, 2021 by Gene Tunny

Mining sector capital investment has been increasing in WA but falling in Queensland, according to March quarter capital expenditure data published by the ABS yesterday (see chart above). This would reflect a combination of the following factors: the stronger demand … Continue reading →

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Surge in new houses and reno’s offset by slump in non-residential construction in Qld

Posted on May 27, 2021 by Gene Tunny

The ABS’s preliminary estimates of construction activity for March quarter are discouraging for Queensland, with an overall fall of 1.7% since December quarter in seasonally adjusted terms (see chart below). In contrast, construction work done increased by 2.4% nationwide. NSW … Continue reading →

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Qld and WA leading Australia in business conditions, based on NAB Survey

Posted on May 11, 2021 by Gene Tunny

It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading →

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Six houses, alike in dignity… not much else – guest post by Brendan Markey-Towler

Posted on March 31, 2021 by Gene Tunny

This guest post by my good friend and fellow Queensland economist Dr Brendan Markey-Towler makes some excellent points regarding Queensland’s economic recovery from the COVID-recession – e.g. consumption spending has been goosed up by government benefits and, apart from in … Continue reading →

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

Pick up in thermal coal prices over last month

Posted on December 23, 2020 by Gene Tunny

Unlike in WA where iron ore is the major commodity, in Queensland it’s coal that’s the big deal, and we should be thankful the Chinese ban on Aussie thermal coal doesn’t appear to have been that effective, as evidenced by … Continue reading →

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Defence should never have been on the Qld-NSW border in the first place

Posted on September 23, 2020 by Gene Tunny

Earlier this month, I was shocked when I landed in Bundaberg and was greeted by a police officer wanting to check I was a Queensland resident, but I guess I would have been even more shocked if I tried to … Continue reading →

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Population Growth – Queensland’s recent slump (Guest post from Alistair Robson)

Posted on June 29, 2017 by Gene Tunny

I am delighted to publish a guest post from my friend and fellow economist Dr Alistair Robson on the slowdown in Queensland’s population growth in recent years. GT Population Growth – Queensland’s recent slump By Dr Alistair Robson Queensland has … Continue reading →

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Qld full-time employment still below level of five years ago, but hopefully is on the upswing

Posted on April 15, 2017 by Gene Tunny

Queensland’s economic story over the last few years has been dominated by the end of the mining boom, which has had particularly adverse impacts in some Queensland regions, such as in the Fitzroy, Mackay and Townsville regions. The end of … Continue reading →

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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 →

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