Monthly Archives: September 2016

Qld should benefit from strong economic performance in NSW and Victoria

The August job vacancies data released by the ABS yesterday confirm the strong economic performance we are seeing in NSW and Victoria, and they also show encouraging signs for Queensland (see charts below). Given national markets and the linkages between … Continue reading

Posted in Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , | Leave a comment

Qld Audit Office gives scathing assessment of Government procurement

The Queensland Audit Office’s first report for the 2016-17 financial year is a scathing assessment of Government procurement practices, an assessment which should spur the State Treasury into action. After all, it is proverbial that, if you look after the … Continue reading

Posted in Budget, Uncategorized | Tagged , , , , , , , , | 1 Comment

Edward St redevelopment: Exciting opportunities for Brisbane’s future

This post is co-authored by my friend Dr Parisa Mahyari, who is a Brisbane-based expert on luxury branding and a property market analyst. For some time now, Edward St has been associated with luxury brands such as Hugo Boss and … Continue reading

Posted in Brisbane, Uncategorized | Tagged , , , , , , , , , , | 4 Comments

Another example of the high cost of free parking in Toowong

Poor economics is at the core of the latest parking dispute in the leafy Brisbane western suburb of Toowong, particularly a misunderstanding about property rights and the lack of a price mechanism for allocating the car parks (see Toowong commuters … Continue reading

Posted in Transport, Uncategorized | Tagged , , , , , , , , , | 3 Comments

Comments on asset sales/privatisation in Saturday’s Courier-Mail

At the IAQ Infrastructure Summit in Brisbane on Thursday last week, several participants lamented that Queensland was missing out on the benefits of so-called asset recycling that NSW and Victoria were expecting. The privatisation issue will not die in Queensland, … Continue reading

Posted in Infrastructure, Uncategorized | Tagged , , , , , , , , | Leave a comment

Treasury dumps wellbeing framework & defines principal objectives around Budget, productivity and globalisation

Of the many outstanding contributions that former Treasury Secretary Ken Henry made to public policy in Australia, one of my favourites was the wellbeing framework. This framework established Treasury’s goal as improving the wellbeing of Australians, and identified five elements … Continue reading

Posted in Industry policy, Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 7 Comments

Many accounting & financial services businesses being held back by poor understanding of laws of success

Last Wednesday, at the Brisbane offices of Macpherson Kelley Lawyers, I attended a presentation by Macquarie on its 2015-16 Accounting and Financial Services Benchmarking Report, which is based on survey data collected from 355 accounting and financial services firms across … Continue reading

Posted in Productivity, Uncategorized | Tagged , , , , , , , | 4 Comments