Welcome to The State of the Deal including the 195th edition of the Deloitte Queensland Index, a review of Queensland listed companies on the Australian Securities Exchange (ASX).
The Deloitte Queensland Index is a quarterly review of Queensland listed companies on the Australian Securities Exchange (ASX). It provides insights into the composition of the index, as well as market capitalisation movements of those included companies.
Despite concerns about the impact of continuing interest rate rises and fears of an economic slowdown, equity markets saw robust growth in Q4 2022, driven by resilient consumer demand and companies adapting to the new economic environment, bouncing back from Q2 and Q3 troughs. The capitalisation of Queensland listed companies in the Deloitte Queensland Index rose by 5.3% to $117.2b.
Our Queensland Economic Update covers the drivers of Queensland’s economy in 2022, including inflation, household consumption, population growth, commodity prices, employment levels and business sentiment; as well as an outlook for 2023.
Key highlights from the report include: