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- Pick up in thermal coal prices over last month
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Monthly Archives: June 2021
Brisbane inner city and Qld outback get highest Qld Gov’t capital spending per person
Here’s the latest version of a chart I usually prepare following each state budget on Queensland Government capital spending per person by region (i.e. the ABS SA4 regions). The very high per person spending figure for the Queensland outback is … Continue reading
Posted in Infrastructure, Queensland Government
Tagged capex, capitalpurchases, crossriverrail, qld, tbmtracker
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Our slow slide into totalitarianism
As Brisbane residents wait for news about what seems to be an inevitable lockdown, we ought to recall the words of British statesman William Pitt the Younger (1759-1806): Necessity is the plea for every infringement of human freedom. It is … Continue reading
Here we go again (without JobKeeper) + Cross River Rail looking like an even worse investment now
Firstly, what more can we say about the latest border restrictions other than here we go again, although this time without JobKeeper. Needless to say, this will bring more economic hardship to tourism businesses who need all the trade they … Continue reading
Posted in Transport
Tagged borderclosures, covid, crossriverrail, crr, economy, jobkeeper, qld
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The role of nuclear energy in decarbonising economies – my latest podcast episode
Last Wednesday, I recorded a conversation with my Adept Economics colleague Ben Scott about the research project he completed on nuclear energy as part of an ANU Parliamentary Internship, a program which saw him placed in Queensland Senator Matt Canavan’s … Continue reading
Posted in Energy
Tagged climatechange, decarbonization, economics, energy, nuclearenergy, nuclearpower
2 Comments
Brisbane Council CEO $700k pay chat with Scott Emerson on 4BC
I had a good chat with Scott Emerson on his 4BC Drive program on Tuesday afternoon about the fat pay packet of Brisbane City Council boss Colin Jensen, who is paid over $700k each year, placing him easily in the … Continue reading
Qld Treasurer gives a master class in budget shenanigans
Queensland Treasurer Cameron Dick has soared to previously unattained heights of state budget creative accounting, and I must admit I’m rather impressed by the cleverness of it all, while at the same time being appalled the Treasury would let him … Continue reading
Qld Gov’t to waste $53M attracting temporary film industry activity
After the Queensland Government was willing to spend $8 million to attract a one-night State of Origin game to Townsville last week, it’s unsurprising it will be willing to spend $53 million attracting film productions providing only temporary economic activity … Continue reading
Posted in Queensland Government
Tagged filmindustry, hollywood, qca, qld, queensland, screenqueensland
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Cash-strapped Qld Gov’t to charge interstate migrants
Once upon a time, the Queensland Government tried to attract people from interstate by cutting taxes and charges. For instance, Sir Joh famously abolished death duties in the seventies. But times have changed. Now we have a cash-strapped state government … Continue reading
The downside of Australia’s isolation strategy
To political leaders, it often seems easier and less risky to stick with current restrictions, and a lesson from history is that government restrictions often last much longer than is justifiable. Hence, four years after the end of the War, … Continue reading
Posted in Uncategorized
Tagged australia, coronavirus, covid-19, libertyworks, olympics, pfizer, qld, queensland, tokyo, vaccination
4 Comments
Coal comeback good news for Qld economy
Last week saw a surge in coal prices due to global demand and supply factors (some of which are likely only temporary), as discussed in a nice piece by Bloomberg journalists reprinted by the Brisbane Times It’s not over for … Continue reading