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RDACWQ Economic Update - Q3.pdf

RDA-CWQ-Quarterly-Update-Q3-2022.pdf
Preview of RDACWQ Economic Update - Q3
🔗 Source: rdafcw.com.au
📊 Size: 7.52 MB
👤 Author: Kelan Bradshaw-Sheard
⬇️ Downloads: 41

Summary

Central and Western Queensland's economy remains steady in Q3 2022, driven by high commodity prices, low exchange rates, and record job vacancies, despite global uncertainties and inflation. The region's key commodities, including beef, cotton, coal, wool, and electricity, continue to drive growth and prosperity. Unemployment rates are low, and the property market is slowing after periods of large growth, with building approvals decreasing but house sales and median rents rising. The visitor economy is strong, with record airport passenger throughputs and holiday visitation matching pre-pandemic levels.

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Description

Central and Western Queensland's economy remains steady in Q3 2022, driven by high commodity prices, low exchange rates, and record job vacancies, despite...

Technical Information

  • File Format: PDF
  • File Size: 7.52 MB
  • Pages: 26
  • Language: EN
  • Author: Kelan Bradshaw-Sheard
  • Total Downloads: 41
  • Last Updated: 1 week ago

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