Monthly Archives: October 2010

Gillard says no more corporate welfare – good because we’re already spending $7.7bn p.a.

Prime Minister Julia Gillard deserves applause for her tough stance on corporate welfare, which she announced in Brisbane yesterday: Gillard says she won’t be hurling money at business The PM is keen to boost our productivity performance, which has been … Continue reading

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OECD indicator points to downturns in UK and China

There could be more economic turbulence ahead according to the latest OECD leading indicator data, which combine a number of leading indicators of economic activity (e.g., building approvals, share prices, terms of trade) into a single indicator for each of … Continue reading

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$4,000 not enough to make people leave SEQ

Today’s Courier-Mail reports: Fewer than 100 people have applied for the State Government’s $4,000 Regional First Home Owner Grant, leaving a question mark over the scheme’s future. A 12-month trial was launched in June to entice first-home buyers to settle … Continue reading

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Basin battle begins

Residents of Queensland’s Balonne region – particularly in St George and Dirranbandi which are heavily dependent on cotton growing – won’t sleep well tonight after the Murray Darling Basin Authority today suggested cuts of 29-39% in the water that Condamine-Balonne … Continue reading

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Mine workers beat city silvertails

Broadsound, Belyando and Peak Downs in central Queensland top the ranking of average incomes for wage and salary earners in Queensland, consigning Hamilton and Ascot to fourth and fifth place, according to new ABS small area data released today.  Largely … Continue reading

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Reserve Bank waiting to make sure the party has actually started

The longest-serving Chairman of the US Federal Reserve (from 1951 to 1970), William McChesney Martin, Jr, once observed that the role of the Federal Reserve – the equivalent of our Reserve Bank of Australia (RBA) – is “to take away … Continue reading

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The Ipswich House

Queensland’s first railway line, completed in 1865, ran between Ipswich and Grandchester, and was extended to Toowoomba in 1867.  Freight, including wool from the Darling Downs, could be transported from Ipswich to Brisbane on barges down the Bremer and Brisbane … Continue reading

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