Monthly Archives: October 2014

PC natural disaster funding recommendations could cost Qld over a billion

Posted on October 2, 2014 by Gene Tunny

The Productivity Commission has injected a huge dose of economic rationalism into its recent draft report on natural disaster funding, which contains a recommendation to cut future Commonwealth support from 75% to 50% of the repair bill – a recommendation … Continue reading →

Posted in Budget, Cyclones, Floods | Tagged , , , , , | Leave a comment

Economic weakness hits Qld retailers

Posted on October 2, 2014 by Gene Tunny

2014 has been a challenging year for Queensland retailers, with retail turnover not growing, and actually declining by around 1% from levels seen earlier in the year (see chart below). I suspect a large part of this is due to … Continue reading →

Posted in Macroeconomy, Mining, Retail trade, Tax | Tagged , , , , , , , | 2 Comments

Victoria beating Qld in budget management and other policy areas

Posted on October 1, 2014 by Gene Tunny

Many years ago, as a result of the economic failures of the Cain Government in the 1980s, Victoria had a poor reputation for economic management, while Queensland had an excellent reputation. A comparison of State Budget estimates for 2014-15 (see … Continue reading →

Posted in Budget | Tagged , , , , , | 2 Comments