Category Archives: Budget

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

Posted on May 26, 2020 by Gene Tunny

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

Posted on May 15, 2020 by Gene Tunny

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

Posted on May 10, 2020 by Gene Tunny

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

Posted on May 2, 2020 by Gene Tunny

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 →

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Qld public service freeze – my Courier-Mail comments

Posted on May 1, 2020 by Gene Tunny

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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612 ABC Brisbane follow-up interview on AOFM bond auctions/gov’t borrowing

Posted on April 6, 2020 by Gene Tunny

As I told 612 ABC Brisbane Drive program host Steve Austin earlier this evening, the Australian Office of Financial Management (AOFM) had a good day today, running a successful $2 billion bond auction, selling $2 billion of bonds at a … Continue reading →

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Gov’t faces huge funding challenge as it puts economy on life support

Posted on March 31, 2020 by Gene Tunny

The federal government’s latest rescue measure, the JobKeeper Payment, estimated to cost $130 billion, may well be justifiable, given social distancing measures have shut down large parts of the economy for an indeterminate period, and I recognise the need to … Continue reading →

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Coronavirus catch up with CCIQ

Posted on March 2, 2020 by Gene Tunny

I dropped into the head office of CCIQ on Wickham Terrace today for an update on coronavirus and for a briefing on the December quarter Pulse survey results. Once again, I spoke with CCIQ Senior Policy Officer Gus Mandigora and … Continue reading →

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Fifth anniversary of Palaszczuk Gov’t – my comments in today’s Courier-Mail

Posted on February 14, 2020 by Gene Tunny

Courier-Mail State Affairs Editor Steven Wardill has written a great article on where the Palaszczuk Government is placed on its fifth anniversary today, Premier’s support plunges to same level as Bligh bloodbath, in which he quotes me: One of Queensland’s … Continue reading →

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My Weekend Australian comments on Qld Future Fund

Posted on December 14, 2019 by Gene Tunny

The mid-year Queensland budget update Deputy Premier-Treasurer Jackie Trad released on Thursday was one of the most interesting in a long time, and I was called on a few times for media commentary. For instance, I’m quoted in the Weekend … Continue reading →

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