Monthly Archives: June 2017

Huge regional disparities in Qld Government capital spending per capita

The Queensland Government’s $10.2 billion capital program in 2017-18 is heavily skewed to regional areas outside SEQ and towards inner city Brisbane, but away from other areas in SEQ (see the chart below which I’ve created based on data in … Continue reading

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

Qld Government gets lucky in election Budget, but debt to climb to $81 billion in 2020-21

The 2017-18 State Budget reveals the Queensland Government got very lucky this year, benefiting from a surge in royalties that has allowed it to generate a positive fiscal balance (i.e. the budget balance that also accounts for infrastructure spending) in … Continue reading

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

Qld economy needs pick up in private sector investment

According to the latest National Accounts released by the ABS last week, private sector investment spending fell in Queensland over the March quarter (in seasonally adjusted terms) and State Final Demand would have fallen as well, if it were not … Continue reading

Posted in Macroeconomy, Mining, Uncategorized | Tagged , , , , , , , , | Leave a comment

Qld economy surviving, but not thriving

In his latest column, Stormy times for an economy in the doldrums, Ross Gittins refers to Queensland’s “below-par” growth in State Final Demand, one of the statistics released by the ABS last Wednesday as part of the March quarter National … Continue reading

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

Upcoming Qld Treasury post-Budget briefing on Qld’s economic outlook

Today is National Accounts day, one of those four glorious days each year on which we receive the latest quarterly GDP figures for the national economy, this time for the March quarter. Alas, based on the partial indicators such as … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , | 2 Comments

Qld Solar Bonus Scheme shows how bad government policy can cost taxpayers for a long time

The Queensland Government yesterday directed its electricity network business Energy Queensland to remove the cost of the Solar Bonus Scheme from its charges until 2020, which will reduce Energy Queensland’s earnings and hence adversely impact the State Budget (see the … Continue reading

Posted in Energy, Uncategorized | Tagged , , , , , , , | 11 Comments