Tag Archives: budget

Good sign the Great COVID Panic will end in Qld soon

A few weeks ago I observed that it took the NRL Grand Final for the Queensland Government to adopt a more rational approach to the pandemic, and now, thankfully, there are further signs of rationality from the Government, with the … Continue reading

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Hospital funding fight the latest illustration of the big problem with vertical fiscal imbalance in our federation

There is a deep structural problem underlying the current hospital funding fight between the Queensland Premier and the PM, the vertical fiscal imbalance (VFI) between the state’s spending responsibilities and the Commonwealth’s revenue raising powers. The states receive around half … Continue reading

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Super high coal prices will boost royalties and slow the increase in Qld state debt

Back in early August I observed that higher coal prices were helping the Qld economy and state budget in this time of rolling lockdowns. Amazingly, the all important metallurgical or coking coal price has surged even higher since then. There … Continue reading

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Managing government budgets podcast chat with Rachel Nolan, former Qld Gov’t finance minister

Former Queensland Government Finance and Transport Minister Rachel Nolan (currently Queensland Executive Director of the McKell Institute) provides some great insights into managing government budgets in my latest Economics Explored episode EP96 Managing Government Budgets. For example, here’s Rachel on … Continue reading

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Premier’s Estimates appearance illustrates my point at ASPG seminar at Parliament House in June

Exhibit A regarding the woefulness of Queensland’s Parliamentary Committee process and the lack of accountability of executive government in this state is the appalling budget estimates committee meeting today, during which the Premier would not disclose whether taxpayers would pay … Continue reading

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Cash-strapped Qld Gov’t to charge interstate migrants

Once upon a time, the Queensland Government tried to attract people from interstate by cutting taxes and charges. For instance, Sir Joh famously abolished death duties in the seventies. But times have changed. Now we have a cash-strapped state government … Continue reading

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Role of Qld Parliament in public finance – upcoming ASPG event on 14 June 21

Thanks to the Queensland chapter of the Australasian Study of Parliament Group (ASPG) for inviting me to be a panel member at its upcoming event The role of Parliament in public finance on 14 June at Parliament House, Brisbane. My … Continue reading

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Interview with 4BC’s Scott Emerson on the federal budget

This afternoon, on his 4BC Drive program, former Queensland Government Transport Minister Scott Emerson and I shared our astonishment regarding the Morrison Government’s Go for Growth, Keynesian federal budget which Treasurer Josh Frydenberg handed down last night. You can listen … Continue reading

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Qld and WA leading Australia in business conditions, based on NAB Survey

It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading

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Qld state finances chat with ABC’s Steve Austin & QEAS’s Nick Behrens

Fellow Queensland economist Nick Behrens and I sat down with 612 ABC Brisbane’s Steve Austin to chat about the latest report from the Auditor-General on Queensland’s state finances. Of course, COVID is the big story since March last year, but, … Continue reading

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