Category Archives: Budget

NSW winning fiscal State of Origin

My former Treasury colleague and old friend Joe Branigan, now at Cadence Economics and SMART Infrastructure Facility, was quick to tweet a State-of-Origin themed chart yesterday following the release of the NSW State Budget (see Joe’s chart below). As noted … Continue reading

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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

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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

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Great work BDO, which had the best Budget summary (and a highly entertaining breakfast)

Leading accounting firm BDO consistently produces the best federal Budget summary, and this year’s did not let them down. The sub-title of the 2017 Federal Budget summary is: A quick sprint to the finish line for housing affordability, but still … Continue reading

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Cross River Rail Budget snub unsurprising given weak business case – will QIC now step in?

Last night’s federal Budget offered some positive news for Queenslanders, such as a commitment to the Melbourne-to-Brisbane Inland Rail project ($8.4 billion) and Bruce Highway upgrades ($844 million), but disappointed some by not providing funding for the State Government’s priority … Continue reading

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2017-18 Federal Budget Wish List – guest post from Nick Behrens

I am delighted to publish this guest post on the upcoming federal budget from Nick Behrens, Director at Queensland Economic Advocacy Solutions. GT 2017-18 Federal Budget Wish List by Nick Behrens According to business groups the 2017-18 Federal Budget should … Continue reading

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Interview with ABC Radio’s Steve Austin on “The time Australia’s Treasury almost ran out of money”

I had a nice chat with 612 ABC Brisbane’s Steve Austin last Friday morning regarding my time in the Australian Treasury, particularly during the financial crisis in 2008-09, and focusing on what he described as: The time Australia’s Treasury almost … Continue reading

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