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Monthly Archives: November 2010
Mining sector investment to soar to $55 billion in 2010-11
The Australian mining industry’s planned $55 billion of investment spending in 2010-11 (in conjunction with high export prices) is likely to more than offset the adverse economic impacts arising from recent declines in building approvals. According to the Government’s latest … Continue reading
Cash for cans scheme unnecessary – rely on market forces instead
The Fairfax papers are reporting that Green groups rubbish recycling delay: Waste crusader Ian Kiernan is angered that commonwealth and state leaders keep dithering on a national “cash for cans” style recycling scheme. The Clean Up Australia Day founder is astonished … Continue reading
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Government should promote better email management
Countless articles and blog entries have debated whether measures such as the National Broadband Network or Work Choices would boost the productivity of the Australian economy, which runs at around 85-90% of the US productivity level. Despite all the analysis … Continue reading
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Fertility rate falls – do we need Peter Costello back?
Former Treasurer Peter Costello raised a few eyebrows when he urged Australians to have “one for mum, one for dad and one for the country”, but his call to procreate and the Government’s baby bonus no doubt played an important … Continue reading
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Reserve Bank losing monetary mojo
The Reserve Bank of Australia (RBA) raised the overnight cash rate 0.25% (25 basis points) today, but the Commonwealth Bank announced it would raise its mortgage rate by 0.45% (45 basis points). This prompted a going-through-the-motions attack on the Commonwealth … Continue reading
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British Gas project a big boost to the Queensland economy
The British Gas Curtis Island LNG project announced yesterday by Treasurer Wayne Swan (Swan endorses British Gas project) is a big deal for Queensland, and the projected impacts are stunning (though plausible). The British Gas project is projected to generate $2.6 … Continue reading
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