Category Archives: Budget

Qld’s bolshie budget – my latest thoughts

Reading the Courier-Mail’s latest state budget reporting, quoting Cameron Dick as a self-proclaimed Robin Hood Treasurer, it’s clear the state government no longer gives a damn what business thinks. It’s gone full-on economic populist with its royalties hike ($1.2bn over … Continue reading

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Qld state budget: thanks for the billions coal miners, now pay us even more

As I’ve been forecasting for months now, the Queensland state budget is in much better shape than the state Treasury forecast back in December. Higher royalties, stamp duty, and other taxes helped deliver a $1.9 billion operating surplus in 2021-22 … Continue reading

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Super-high coal royalties to help address Qld hospitals crisis

As I predicted earlier this month (see John McCarthy’s 13 May InQld article), the Queensland Government will be boosting health spending in the upcoming budget to deal with the hospitals crisis, and to a large extent it’s able to do … Continue reading

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If you’re sick of politics BAU, check out my Pirate Party economics podcast interview

What does the economic policy platform of a Pirate Party look like? What does it say about intellectual property protection (i.e. copyright and patents), the Right to Repair, UBI, taxation, and business support? And what type of pirates are Pirate … Continue reading

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Coaldrake integrity inquiry submission

Professor Peter Coaldrake appears to be doing a great job in his Review of culture and accountability in the Queensland public sector, and I’ve been impressed by his findings in his interim report regarding the politicisation of the public service, … Continue reading

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Unemployment and state budgets update

On Monday, I appeared on the 612 ABC Brisbane Radio Drive program (from 2:09:00) to chat with Kelly Higgins-Devine about how we estimate the unemployment rate, a matter of interest that day obviously due to the Opposition Leader being unable … Continue reading

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Qld Gov’t $3k EV subsidy looks like poor value for money for taxpayers

As far as I can tell, the Queensland Government hasn’t released any economic analysis of its $3,000 electric vehicle (EV) subsidy, probably because, if it did, the analysis would reveal the subsidy was a poor use of public funds. Some … Continue reading

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Qld Titles Registry trickery should be investigated in integrity inquiry

There is growing pressure for a wide-ranging inquiry into the Queensland Government’s integrity, and, in my view, any such inquiry should explore the fake privatisation of the Titles Registry in mid-2021. This gave the Government political cover to take on … Continue reading

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Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan

This post is an early draft of an article I’m preparing for a public finance or public policy journal about the Queensland Government’s accounting trickery regarding the Titles Registry last year. The state government has violated some well-established principles for … Continue reading

Posted in Budget, Queensland Government | Tagged , , , , , , | 6 Comments

Optimism at home, big inflation concerns abroad – catch up with my livestream at 11.30am AEST

While Australian economic policy makers are forecasting a growing economy with moderate inflation, policy makers elsewhere are concerned about accelerating inflation. In the federal budget update released yesterday, the Treasury has forecast a growing economy with inflation within the RBA’s … Continue reading

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