Monthly Archives: November 2020

Good news super guarantee hike could be scrapped

The long-awaited retirement income policy review report from former IMF Director and Treasury deputy secretary Mike Callaghan is looking good based on reporting by the Financial Review: Increasing the compulsory superannuation rate could disadvantage low-income earners and cut workers’ lifetime … Continue reading

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

Megaprojects chat with Marion Terrill from Grattan

The Queensland Government’s troubled Cross River Rail project is a good example of a multi-billion-dollar Megaproject at risk of cost blowouts and falling short of projected benefits, as I posted on last week (Cross River Rail scrutinised by Grattan and … Continue reading

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

JobMaker appears poorly targeted – great analysis from ex-Senator John Black

Former Queensland Labor Senator and Executive Chairman of Education Geographics John Black has a great article on his website arguing We told you so…JobMaker misses the real target. Recall that JobMaker is the federal government’s hiring credit for newly engaged … Continue reading

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

Stamp duty to land tax switch has long been argued for by economists

It’s good to see the NSW Government considering a switch from stamp duty on property transactions to a broader land tax, at least for future transactions where it’s possible people could be offered a choice of either an up-front payment … Continue reading

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

Qld risks becoming a hermit state if vaccine isn’t safe and effective

Even though Adelaide doesn’t yet meet the Commonwealth’s definition of a COVID hotspot (as pointed out by Andrew Clennell on Sky Australia today), the Queensland Government rushed to declare it one and to impose quarantine requirements on travellers from Adelaide, … Continue reading

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

Matt Ridley’s How Innovation Works is recommended reading

This weekend I finished reading Matt Ridley’s excellent How Innovation Works, which makes a compelling case in favour of leaving innovation largely to the free market, rather than having it guided and supported by government. Ridley is a great storyteller … Continue reading

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

PM thinks he has agreement with Premier on border, but it’s the CHO who makes the decisions

Sky News has reported PM confident Berejiklian- Palaszczuk border battle will end by Christmas, and PM Scott Morrison has said he has an agreement with both Premiers for Queensland to be fully open to NSW, including Greater Sydney, by Christmas. … Continue reading

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

Qld Assistant Min. McCallum given huge challenges – 50% renewable energy by 2030 and hydrogen economy

Premier Annastacia Palaszczuk has given one of her government’s rising stars, Lance McCallum, MP for Bundamba, the huge and arguably near impossible task of overseeing the achievement of the 50% renewable energy target by 2030. Yesterday, McCallum was appointed as … Continue reading

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

Economics of the Fourth Industrial Revolution podcast chat with Nick Johnson and Brendan Markey-Towler

My fellow Queensland economists Nicholas Johnson and Brendan Markey-Towler have written an impressive new book Economics of the Fourth Industrial Revolution: Internet, Artificial Intelligence and Blockchain, which was published by Routledge last month. I spoke with Nick and Brendan earlier … Continue reading

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

No Qld upper house means poorly thought through legislation

Queensland has too many poorly thought through pieces of legislation, arguably due to the lack of an upper house and the failure of Parliamentary Committees, ruled by the Government of the day, to properly scrutinise legislation. This is clear today, … Continue reading

Posted in Queensland Government | Tagged , , , , , , , | 4 Comments