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Drivers of Queensland's Economic Growth

This paper by Peter Crossman, Assistant Under Treasurer and Government Statistician, Office of Economic and Statistical Research, Queensland Treasury was presented at the Conference of Economists, July 2000.

Economic growth has been a major issue of interest to the State and to policy and decision-makers here for a very long time, and productivity – the very essence of economics – is a key part of economic growth. These issues have a long history of interest in the State, and show no sign of flagging.

The issue of what drives economic growth is central to the development of good economic policy and to our understanding where the economy is likely to head over the next decade. Queensland economic growth has, on average, been faster than that in the rest of Australia over the past decade.

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Last reviewed: Feb 8, 2007, Last modified: Nov 14, 2006