Queensland’s unemployment rate remained at 6.2% on a trend basis lagging the national benchmark at 5.5% as the state confronts the challenge of the highest level of underutilisation in 15 years according to analysis conducted by the Chamber of Commerce and Industry (CCIQ). Read more.
Queensland Treasurer Jackie Trad’s first State Budget has a championed a growth narrative with positive announcements around infrastructure and small business, although questions still remain over the state’s longer term borrowings. Read more.
The lure of the bright lights of big cities for Queensland’s youths from regional areas boils down to one thing: opportunity. Read more.
The Chamber of Commerce and Industry (CCIQ) says tomorrow’s state budget is an opportunity for the Palaszczuk Government to show spending restraint and create a compelling narrative on managing the state’s debt. Read more.
The Chamber of Commerce and Industry Queensland (CCIQ) has welcomed the latest Australian Bureau of Statistics trade data for April showing a commodity driven surplus of $977 million and representing the fourth consecutive surplus this year. Read more.
The Chamber of Commerce and Industry Queensland (CCIQ) has welcomed the latest national accounts figures revealing the Australian economy grew by 1% in the March quarter and 3.1% over the previous 12 months.
Heightened levels of economic activity in Victoria (+1.9% Q/q) and New South Wales (+0.7% Q/q) bolstered the national accounts data. Read more.
The Chamber of Commerce and Industry Queensland (CCIQ) says the Fair Work Commission decision to increase the National Minimum Wage and modern award rates by 3.5 per cent will be the largest increase handed down in eight years. Read more.
The Chamber of Commerce and Industry Queensland (CCIQ) has urged the Palaszczuk Government to set a clear economic direction in the first budget of its second term. Read more.