Category Archives: Budget

Australian coverage of my upcoming Qld Parliamentary Inquiry appearance

Thanks to Sarah Elks for her story in The Australian today regarding my upcoming appearance at the Queensland Parliamentary Inquiry into the state government’s economic response to the pandemic: Coronavirus: Queensland’s small-business grants ‘are a waste of money’ First, I … Continue reading

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Deloitte highlights trade tensions with China and lower commodity prices as risks to Qld recovery

According to today’s Courier-Mail, Deloitte’s new Business Outlook report highlights the risks to Queensland’s economic recovery from lower commodity prices and trade tensions with China affecting our commodity, tourism, and education exports. Deloitte also rightly mentions the risk to the … Continue reading

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Qld Gov’t COVID-19 Adaption Grants program poorly designed

The Queensland Government’s $200 million COVID-19 Adaption Grants program for small businesses is poorly designed and pretty embarrassing, with the Employment Minister Shannon Fentiman today telling businesses “My strong advice is get in quick.” I was stunned when I read … Continue reading

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A Fiscal Vaccine for COVID-19 with Tony Makin – new podcast episode

In my latest podcast episode, I speak with Professor Tony Makin of Griffith University about his new CIS Policy Paper A Fiscal Vaccine for COVID-19. In Tony’s words: “the paper considers the resurgence of crude Keynesianism before highlighting risks of … Continue reading

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Economic update: US jobs & Australian PBO fiscal projections

I’ve recorded a video covering the May US jobs data, which have been greeted very positively by the markets despite the data showing only a small rebound*, and the Australian Parliamentary Budget Office’s rather pessimistic projection of an additional $620 … Continue reading

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ABC Brisbane JobKeeper bungle interview – $60bn error hugely embarrassing but actually good news

On 612 ABC Brisbane yesterday morning I mentioned to host Bec Levingston my first reaction to hearing the news about the $60 billion JobKeeper forecasting bungle was sympathy for my former Treasury colleagues. It’s hugely embarrassing, but actually good news … Continue reading

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ABC radio comments re. Virgin: QIC needs to think for itself and resist any gov’t pressure

The current investigation of a potential investment in Virgin Australia will be a defining moment for the Queensland Investment Corporation (QIC). On ABC radio yesterday morning, I told host Bec Levingston that QIC needs to show it can act as … Continue reading

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Qld needs new Treasurer and budget update

The Sunday Mail Editorial is calling for a new Queensland Treasurer to be appointed to replace Jackie Trad, who has had to temporarily stand aside during a Crime and Corruption Commission investigation into her conduct, this time relating to the … Continue reading

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Catch up with CCIQ Chief Economist on dreadful business conditions & huge budget deficits

Yesterday afternoon I caught up with CCIQ Chief Economist Dr Marcus Smith for a phone interview on the coronavirus-induced recession/mini-depression, and you can listen to the recording here: Highlights include: 3:50 – discussion of forecasts for double-digit unemployment rates in … Continue reading

Posted in Budget, Cairns, Gold Coast, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , , | 2 Comments

Qld public service freeze – my Courier-Mail comments

Well done to the Courier-Mail’s Steven Wardill for his scoop on the Queensland public service hiring freeze in today’s paper: Qld public service hiring freeze to rein in budget (pay-walled). I spoke with Steven about the hiring freeze yesterday afternoon … Continue reading

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