Category Archives: Budget

GST & Vertical Fiscal Imbalance video

Posted on July 26, 2020 by Gene Tunny

The Update on Queensland’s fiscal position media release from state Treasurer Cameron Dick last Thursday noted “over the 2019-20 and 2020-21 financial years, GST receipts to Queensland will be cut by up to $2.5 billion compared to our MYFER [Mid … Continue reading →

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ABC radio interview on Qld state debt & deficits update

Posted on July 24, 2020 by Gene Tunny

At the Parliamentary Inquiry into the Queensland Government’s economic response to COVID-19 on Monday last week, I called for the Government to publish its internal-use estimates of the state budget position and debt, so we don’t have to wait until … Continue reading →

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Australia’s upcoming mini-Budget

Posted on July 20, 2020 by Gene Tunny

Australian Treasurer Josh Frydenberg will hand down a mini-Budget this Thursday, and it’s coming just in time, given the growing concern over the spread of COVID-19 in Victoria and NSW. I recorded a video earlier today with some thoughts on … Continue reading →

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State gov’t economic responses to COVID-19 podcast episode

Posted on July 16, 2020 by Gene Tunny

In my latest podcast episode, I elaborate on my opening remarks to the Queensland Parliamentary Inquiry on the state government’s economic response to COVID-19 on Monday. Among other things, I mention Joe Branigan and Henry Ergas’s new Menzies Research Centre … Continue reading →

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Opening remarks to Qld Parliamentary Inquiry on economic response to COVID-19

Posted on July 14, 2020 by Gene Tunny

Yesterday I was part of a panel of economic experts consulted by the Queensland Parliamentary Inquiry into the state government’s economic response to COVID-19. The notes I used for my opening remarks are reproduced below. The proceedings were broadcast via … Continue reading →

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Australian coverage of my upcoming Qld Parliamentary Inquiry appearance

Posted on July 10, 2020 by Gene Tunny

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

Posted on July 6, 2020 by Gene Tunny

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

Posted on June 29, 2020 by Gene Tunny

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

Posted on June 25, 2020 by Gene Tunny

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

Posted on June 8, 2020 by Gene Tunny

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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