Townsville is at a Tipping Point of Regional Decline Unless Policy Makers Foster Significant Economic Development Opportunities
Townsville needs to attract more investment both locally and abroad to support industry which will guarantee the future of the region as opposed to continuing what has been a subdued economic period for North Queensland more broadly. Read more.
The Gold Coast is emerging as an economic zone in its own right; as Australia’s sixth largest city, it continues to diversify in services, exports, manufacturing, and education, which saw growth in the economy of around 3.7% to $35.3 billion in 2018. Read more.
As the gateway to the Great Barrier Reef, the Daintree Rainforest and Cape Tribulation in tropical north Queensland, the Cairns region is renowned for its vibrant, yet laid-back tropical lifestyle. Read more.
The Economist magazine published an article last month, lauding Australia’s economy as the most successful in the rich world - blessed with iron ore and natural gas for wares, within a proverbial small boat ride to China. You can read it here.[https://www.economist.com/leaders/2018/10/27/what-the-world-can-learn-from-australia] Read more.
The October ABS labour force figures revealed the Queensland state unemployment rates of 6.23% in trend terms and 6.25% on a seasonally adjusted basis are the highest of any Australian state or territory and substantially above the national average. Read more.
The October ABS labour force figures showed Queensland’s unemployment rate to be the highest in Australia – substantially above the national average. Read more.