Tag Archives: borrowings

Qld Budget doesn’t tell the full story on government’s borrowing costs

Posted on December 5, 2020 by Gene Tunny

State Treasurer Cameron Dick, who handed down the 2020-21 Queensland Budget earlier this week, has impressed me with his chutzpah, demonstrated, for example, by this audacious statement in his Budget speech (on p. 38): Not only are our interest costs … Continue reading →

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By “significant borrowings” Treasurer Dick means $10B-15B of additional debt, at least

Posted on November 29, 2020 by Gene Tunny

I raised my eyebrows when I read Queensland Treasurer Cameron Dick’s acknowledgement to the media today that there would be new “significant borrowings” in the forthcoming 2020-21 state budget (see the Courier-Mail report). Describing the additional borrowings to be revealed … Continue reading →

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Critical Qld Gov’t debt metric still projected to worsen

Posted on December 19, 2017 by Gene Tunny

Yesterday’s Mid Year Fiscal and Economic Review revealed Queensland Government debt forecasts marginally lower than they were at budget time in June, but total borrowings will still reach nearly $81 billion by mid-2021. As Steven Wardill notes in today’s Courier-Mail: … Continue reading →

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