- Brisbane’s CPI for September 2014 was 2.6%.
- China GDP consistent with target of 7.5% National debt is predicted to fall to $380 billion by 2023/24 from the over $600 billon predicted at the Mid-Year Financial Outlook.
- The 2013/2014 deficit of $49 billion is predicted to drop to $29.8 billion by 2014/2015 Queensland economic growth projected at 3%
- Cash rate unchanged for 17 months, government bonds declining and low bank borrowing costs have resulted in investors looking for strong investment returns based on lower borrowing costs October was a volatile month on the equity markets but the major markets showed growth during the month but also relatively strong growth over the past 12 months.
- REITS still recovering in comparison to other equities but have strengthened over the past 12 months.
- The pattern of output growth reflects the transition from the investment to the export phase of the mining boom, and the gradual pick-up in the growth of non-mining economic activity.
- Non-mining business investment remains low relative to its average share of economic activity over recent decades and the Bank’s liaison continues to report that firms are reluctant to undertake significant investment projects until they see a sustained period of strong demand.
- GDP growth is expected to be a little below average over 2014/15
- Queensland’s state final demand (SFD) rose by 0.4% in seasonally adjusted (Queensland) terms in June quarter 2014, following a 1.0% fall in the previous quarter. Queensland SFD was 0.4% lower over the year to June quarter 2014