Author Archives: Gene Tunny

Is this innovative or a little bit creepy?

The Brisbane Innovation Scorecard which was launched today finds that Brisbane is a thriving centre of innovation: Brisbane emerges from this survey as a world-class enabler of business innovation, with an innovation footprint which is comparable nationally. The majority of Brisbane … Continue reading

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Is upgrading regional racecourses a priority for Government investment?

Given the need to reduce State government debt and to restore our AAA credit rating, as well as the far more worthwhile infrastructure investment opportunities that are available, I’m surprised the Government has advanced Racing Queensland $20 million for a … Continue reading

Posted in Industry policy, Infrastructure, Townsville | Tagged | Leave a comment

SEQ mayors’ infrastructure wish list

The South East Queensland (SEQ) Council of Mayors released its infrastructure wish list today. Two proposed projects stood out to me as representing great value. My favourite proposed project is the: Darra to Springfield Rail Extension (to Redbank Plains) ESTIMATED COST: … Continue reading

Posted in Brisbane, Infrastructure, Ipswich, Queensland Rail, Tourism | Leave a comment

Tales of the two-speed economy

Cashed up miners are pushing up rents in Mackay, with some prepared to pay $700+ per week for a house: 450 join already long queue Meanwhile the Fraser Coast economy remains in a slump, due to a drop in international … Continue reading

Posted in Mackay, Mining, Tourism, Wide Bay-Burnett | Leave a comment

Top economists against carbon tax

University of Melbourne Economics Professor Stephen King questions whether the carbon tax is in the national interest and essentially concludes it is based on wishful thinking that our actions alone will influence the world to act: The objectives of the … Continue reading

Posted in Climate change, Energy | Leave a comment

Qld Treasury remains optimistic about economy

Despite the bad economic news coming out of the US (i.e. the potential for a double-dip recession), and the ongoing  troubles in Europe, Queensland Treasury, rightly in my view, remains optimistic about Queensland’s economic prospects in its latest Queensland Economic … Continue reading

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Heritage protection could hold back Townsville CBD revitalisation

Townsville City Council has a stated objective of revitalising the CBD, but the move to create character precincts, in older suburbs close to the CBD such as South Townsville (as reported in the Townsville Bulletin), is contrary to this objective. This … Continue reading

Posted in Townsville | 1 Comment

Ipswich apartment tower based on misunderstanding of what makes Ipswich attractive

Over the 15 years from 2006 to 2021, Ipswich’s population is set to grow from 142,500 to 286,400 (OESR projections). Hence the developers of Ipswich’s first high-rise apartment tower probably thought they were on a winner, but that turned out … Continue reading

Posted in Brisbane, Housing, Ipswich | Leave a comment

Queensland investment boom on its way

From this great chart in the new Queensland Infrastructure Plan (p. 23) it appears that around $40 billion of investment projects were committed to over January to March this year: The Queensland economy is set for strong growth over the next … Continue reading

Posted in Macroeconomy, Mining, Queensland Government | 1 Comment

Carbon tax creates uncertainty for regional Qld businesses

Premier Anna Bligh today will launch the Queensland Regionalisation Strategy (see Bligh plugs Downs future), but the ultimate success of the Strategy may depend on the impacts of the carbon tax on our regional economies. Many regional businesses remain concerned … Continue reading

Posted in Agriculture, Climate change, Mining, Queensland Government, Tourism | Leave a comment