Monthly Archives: August 2011

Retail trading hours restrictions holding back retailers

The Productivity Commission’s report on online retailing, released today, finds the $1,000 GST threshold is only a minor issue and the bigger issues are over-regulation in industrial relations and retail trading hours. The Commission identifies Queensland, SA and WA as … Continue reading

Posted in Retail trade, Tax | 3 Comments

Markets over-react as usual

The 2008 financial crisis shattered any illusions I had about the rationality of financial markets, which appear to consistently over-react to new information, even if it is trivial compared with the long-run trends that are at play. Hence I am … Continue reading

Posted in Macroeconomy, Mining | Leave a comment

High speed rail to cost $100 billion (meaning proposal is DOA)

At a cost of $30-40 billion, the National Broadband Network (NBN) appears cheap compared with the latest high speed rail proposal (High-speed eastern rail link to cost $100 billion): A FEDERAL government report into high-speed rail along Australia’s eastern seaboard … Continue reading

Posted in Transport | Leave a comment

Mining multiplier effect in Rocky

With tens of billions of dollars of investment projects on their way, the Queensland resources boom is set to transform our State over the coming years, and the wealth is sure to spread to many of our regional cities and … Continue reading

Posted in Floods, Mining, Rockhampton | Leave a comment