COVID-19's impact on Queensland Government's GST & other tax receipts (payroll tax, duties etc) coupled with an increase in expenditure to support the economy has delivered the two largest operating deficits in the State's history. The 2019-20 operating result will be a $5.9 billion deficit (the MYF…
Blog posts July 2020
QEAS Business Briefing - Australian Government's Economic and Fiscal Update - July 2020
The COVID-19 pandemic has been described as a once-in-a-century shock - placing immense pressure on Australia’s health system and economy. The outbreak of COVID-19 globally, the resulting containment measures in Australia during April and May, and now the second wave re-emerging in the southern Stat…
Latest on Queensland's Labour Market - June 2020
Key points from today's release of unemployment numbers by the Australian Bureau of Statistics for Queensland include:
Queensland's unemployment rate in June 2020 fell from 7.8 per cent to 7.7 per cent and compares nationally to 7.4 per cent. Queensland's underemployment rate (those wanting more …
BNE's new runway provides hope and will enable Queensland's economic recovery
Sunday 12 July 2020 saw the commencement of operations for Brisbane Airport's new runway .... and what a wonderful piece of enabling infrastructure it is for Queensland.
QEAS was commissioned by the Brisbane Airport Corporation as part of its 2020 Masterplan to analyse the economic contribut…
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