Category Archives: Floods

Qld much more costly to run than other States

The Commonwealth Grants Commission announced yesterday that Queensland’s share of GST revenue will increase from around 19% in 2011-12 to 20% in 2012-13, largely reflecting increased costs due to natural disasters (see 2012 Update Report). In addition to its update … Continue reading

Posted in Budget, Cyclones, Floods, Tax | Leave a comment

Mining multiplier effect in Rocky

With tens of billions of dollars of investment projects on their way, the Queensland resources boom is set to transform our State over the coming years, and the wealth is sure to spread to many of our regional cities and … Continue reading

Posted in Floods, Mining, Rockhampton | Leave a comment

New population projections confirm strong expected growth in Ipswich and Gold Coast

From the new local government population projections which Treasurer Andrew Fraser released yesterday: Ipswich to have fastest growth but Gold Coast to have most growth In the decade to 2021, Ipswich (C) is projected to grow rapidly at a very high … Continue reading

Posted in Floods, Macroeconomy, Population | Leave a comment

Wayne Swan on Queensland’s recovery from cruel Summer

The Deputy PM-Treasurer Wayne Swan gave a good speech in Brisbane today on The Story of Budget, in which he included some useful info detailing Queensland’s recovery from the floods and Cyclone Yasi: The rebuilding process will also be a … Continue reading

Posted in Cyclones, Floods | Leave a comment

Flegg recommends $50 spending cap during natural disasters

After the flood waters had receded on the afternoon of Thursday 13 January, I made it to Indooroopilly Shoppingtown and was surprised to see 3 police officers outside the Woolworths. Obviously there had been an incident there earlier that day … Continue reading

Posted in Floods, Retail trade | Leave a comment

Flood and cyclone relief money wasted on pokies

With increasing evidence that a lot of flood and cyclone relief money ended up going through pokie machines, welfare and problem gambling support groups are trying to rationalise the spike in gambling as stress relief, ignoring the possibility that the … Continue reading

Posted in Cyclones, Floods | Leave a comment

Shorten’s flood insurance reform paper strikes the right balance

Assistant Treasurer Bill Shorten and the Treasury deserve praise for striking the right balance between looking after vulnerable consumers and free market principles in the Government’s consultation paper on flood insurance reform released today: Consultation Paper – Reforming Flood Insurance: … Continue reading

Posted in Floods | Leave a comment

Was spending on the pokies boosted by flood and cyclone relief payments?

A significant number of people who claimed flood and cyclone relief assistance from Centrelink may not have really needed the $1,000 they received, and it’s likely that a good chunk of any undeserved assistance was spent on leisure activities, including … Continue reading

Posted in Cyclones, Floods, Uncategorized | 1 Comment

Is it sensible for governments to take out disaster insurance?

SA Senator Nick Xenophon is pushing the Commonwealth Government to force state governments to take out disaster insurance, in return for his support of the flood levy: States may be forced to take out disaster insurance This may not be … Continue reading

Posted in Cyclones, Floods | Leave a comment

Council could save $22 million by allowing Milton Tennis Centre site development

Brisbane Lord Mayor Campbell Newman today announced that he wouldn’t repair the river walk without federal funds and that the Council will delay a number of road projects and scrap some non-essential council projects (e.g. $4.8m for Vibrant Laneways) to … Continue reading

Posted in Floods, Population | Leave a comment