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 , , , , , , , , , | 12 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

Pets are good for your health, the Budget and the economy

Bondi Vet Dr Chris Brown has noted: “…pets make us happy. They wash away our worries while showing us how life should be lived. And pets are proven to also make us healthier.” Pets also have economic and budgetary impacts, … Continue reading

Posted in Budget, Health, Housing, Uncategorized | Tagged , , , , , , ,

Heavy criticism of Qld’s infrastructure deficit at IAQ Infrastructure Summit

Government ministers should accept speaking invitations at important conferences so they can communicate with industry and the public, and, also, so they can deny Opposition members 20 minute speaking slots in which they can criticise the Government’s performance. That is … Continue reading

Posted in Infrastructure, Transport, Uncategorized | Tagged , , , | 2 Comments

Subsidiarity principle suggests Qld Government should let West Village proceed in current form

In today’s Courier-Mail, commenting on the Deputy Premier’s call in for State Government review of an $800 Million West End development, Steve Wardill observes that “WITH the case of the West Village development call-in, Jackie Trad was damned if she … Continue reading

Posted in Brisbane, Uncategorized | Tagged , , , , , , , , , | 6 Comments