Chatting with Steve Austin about the fiscal challenges facing the new Government in the Legislative Council Chamber at Queensland Parliament House, Brisbane (Photo: Terri Begley)

On the first day of Queensland’s new Parliament, Steve Austin from 612 ABC Brisbane radio interviewed me regarding the fiscal challenges facing the new Queensland Government:

Queensland’s New Parliament (you’ll need to scroll down the page a bit to find my audio)

In our conversation, Steve and I and discussed points I’ve made in recent posts regarding the volatility and unreliability of royalties revenue and the challenge the Government faces in restraining expenditure growth enough to generate the surpluses it needs to achieve its fiscal strategy. Relevant recent posts include:

Qld Government will find it a big challenge to achieve its fiscal strategy

Queensland Treasury’s forecasting record on royalties

Qld Government increasingly dependent on volatile royalties revenue