Tag Archives: australia

Interview with ABC Radio’s Steve Austin on “The time Australia’s Treasury almost ran out of money”

I had a nice chat with 612 ABC Brisbane’s Steve Austin last Friday morning regarding my time in the Australian Treasury, particularly during the financial crisis in 2008-09, and focusing on what he described as: The time Australia’s Treasury almost … Continue reading

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | Leave a comment

NAIF $900M loan to Adani for mega-mine rail line is far from a first best solution, possibly second or third best

As a former Treasury official and long-time critic of industry assistance, I’m sympathetic to the Federal Opposition’s criticism of the expected $900 million soft loan from the Northern Australia Infrastructure Facility (NAIF) to Adani for the rail line to its … Continue reading

Posted in Infrastructure, Mining, Uncategorized | Tagged , , , , , | 5 Comments

Weekend reading: CIS Policy mag featuring my article on film industry subsidies, available at good newsagents

If you’re looking for something to read this weekend, you could try the latest issue of the Centre for Independent Studies’ magazine Policy, which includes some excellent feature articles. These include an article on the worrying levels of public debt … Continue reading

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Qld’s lacklustre population and jobs growth have gone hand in hand over the current decade

Queensland’s population, now at around 4.9 million, increased 1.4% in the year to 30 September 2016, a growth rate slightly below the national growth rate of 1.5%, but significantly below Victoria’s stand-out growth rate of 2.1% (Chart 1 based on … Continue reading

Posted in Labour market, Population, Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment

Qld economy not generating enough jobs for uni, VET & school leavers

Market economists do not appear too concerned about the new ABS jobs figures released yesterday showing the national unemployment rate increased to 5.9% in February from 5.7% in January. There is a recognition that there is a lot of noise … Continue reading

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Greater labour mobility a better way to assist PNG than budgetary support

Last Thursday, ABC News reported that Papua New Guinea has asked for a re-direction of Australia’s foreign aid program towards direct contributions to PNG’s health and education budgets. PNG, a country already struggling with high population growth and public health … Continue reading

Posted in Agriculture, Labour market, Tourism, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Strong growth in plant & equipment capex is good news for Qld economy

Last Friday, in his opening statement to the House of Representatives Standing Committee on Economics, RBA Governor Phil Lowe observed: “Nationally, measures of business conditions have picked up noticeably recently. For some time we have been waiting for a lift … Continue reading

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