Category Archives: Budget

More on Qld’s late-2014 technical recession – Treasury should get out there and defend its figures

Posted on May 23, 2015 by Gene Tunny

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). It’s regrettable that the integrity of the Queensland Treasury has been questioned in the … Continue reading →

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Budget briefing – speech notes and slides

Posted on May 18, 2015 by Gene Tunny

Last Friday afternoon I gave a presentation on the 2015-16 Budget at a private function I organised at the Tattersall’s Club in Brisbane. My slides are available for download (Budget briefing 15 May 15). Budget briefing Good afternoon. Today I’d … Continue reading →

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Trajectory to surplus not the same thing as budgeting for a surplus

Posted on May 13, 2015 by Gene Tunny

As I mentioned to Pat Hession on Townsville ABC radio yesterday afternoon, the 2015-16 Federal Budget simply kicks the can down the road, as they say, leaving it for a future Government (or this one if it stays in power) … Continue reading →

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Budget measures insufficient to avoid risk of permanent deficits

Posted on May 12, 2015 by Gene Tunny

Tonight’s Federal Budget will be very disappointing, as the expected measures do not go anywhere near enough to reducing the risk that Australia will end up in a state of permanent deficit, as I’ve previously suggested it would if we … Continue reading →

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Privatised electricity businesses would better achieve necessary efficiencies

Posted on May 4, 2015 by Gene Tunny

It’s been clear for some time that the Australian Energy Regulator (AER) would make large cuts to future allowable revenues for Energex and Ergon, and that this would potentially impact Queensland Government dividend income. The preliminary determinations from the AER … Continue reading →

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Risk to Qld Budget of lower dividends from Govt-owned businesses

Posted on April 14, 2015 by Gene Tunny

In addition to royalties revenue being lower than previously forecast, a major risk to the Queensland State Budget in coming years is lower than expected dividends from government-owned businesses. Currently government-owned businesses contribute over $2 billion to the Budget or … Continue reading →

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Upcoming event – 2015 Qld Third Sector Economics Talks

Posted on April 10, 2015 by Gene Tunny

I’m delighted to be a keynote speaker at the upcoming ProBonoEconos and Young Economists event on the so-called third sector of non-profit organisations and charities on the evening of Thursday 7 May at QUT: 2015 Qld Third Sector Economics Talks … Continue reading →

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ABC radio interview on the fiscal challenges facing the new Qld Government

Posted on March 26, 2015 by Gene Tunny

Chatting with Steve Austin about the fiscal challenges facing the new Government in the Legislative Council Chamber at Queensland Parliament House, Brisbane (Photo: Terri Begley) On the first day of Queensland’s new Parliament, Steve Austin from 612 ABC Brisbane radio … Continue reading →

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PwC Budget breakfast tickets on sale – business sees need for budget repair, even if politicians don’t

Posted on March 24, 2015 by Gene Tunny

Former PM John Howard, who will speak at PwC’s Federal Budget Breakfast in Brisbane on 13 May On the morning after the night the Federal Budget is delivered, the most desirable tickets in Brisbane are to PwC’s Budget Breakfast, which … Continue reading →

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Qld Government will find it a big challenge to achieve its fiscal strategy

Posted on March 19, 2015 by Gene Tunny

Queensland Treasurer Curtis Pitt has rightly labelled the upcoming 2015-16 Budget as “no frills” (see ABC news report). The Government cannot afford any frivolous expenses, because the budget challenge it faces is massive. The major problems the Government has are: … Continue reading →

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