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Tag Archives: budget
Victoria beating Qld in budget management and other policy areas
Many years ago, as a result of the economic failures of the Cain Government in the 1980s, Victoria had a poor reputation for economic management, while Queensland had an excellent reputation. A comparison of State Budget estimates for 2014-15 (see … Continue reading
Queensland Treasurer will deliver necessary though unpopular Budget
Today the Queensland Treasurer will deliver a State Budget that is necessary, but which is likely to be unpopular. It is necessary because getting State debt under control and restoring our AAA credit rating needs to be done now, to reduce … Continue reading
Posted in Budget, Housing
Tagged abs, assetsales, budget, buildingapprovals, pension, pensionerrebates, pensioners, privatisation, qld, queensland, statebudget
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Qld Budget needs to reflect challenging conditions – asset sales good option to cut debt
The March quarter private capital spending figures released today by the ABS confirm that Treasury was right to make conservative, sub-par growth forecasts in developing the Federal Budget. Queensland Treasury will have to do the same in the Queensland Budget, … Continue reading
Posted in Budget, Macroeconomy, Mining
Tagged abs, assetsales, australia, budget, businessconfidence, capex, capitalexpenditure, cciq, mining, privatisation, qld, qldbudget, queensland, rba, treasury
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PwC Breakfast on the Blackadder Budget – a cunning plan is afoot
At the PwC Federal Budget breakfast this morning at the Brisbane RNA Showgrounds convention centre, popular finance commentator Peter Switzer gave an entertaining and informative address on last night’s Federal Budget, which he labelled the Blackadder Budget, because a cunning … Continue reading
Good Budget strategy, but a mix of good and bad policy measures
I told Ben Davis on 4BC’s Drive program this afternoon that this would be the Federal Budget we needed to have – while we’re not facing an emergency/crisis, if we don’t repair the Budget now, we probably never will. The … Continue reading
Grattan report shows need for permanent budget measures, not temporary debt levy
The highly regarded think tank the Grattan Institute yesterday released the 2014 update of its excellent Budget pressures on Australian Governments report. The report makes it clear that Governments need to take permanent measures to repair budgets, not short-term fixes … Continue reading
Weekend reading and listening – 3-4 May 2014
Recording of my interview by Pat Hession on Townsville radio on the National Commission of Audit report: Reworking the Budget Excellent article on how to save money on pharmaceutical benefits spending: PBS savings: two sides of the coin Great paper from the CIS’s … Continue reading
Posted in Uncategorized
Tagged australia, budget, capitalism, inequality, pbs, qld, queensland, schoolfunding, schools, tourism
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ABC radio interview on the debt tax and paid parental leave
Company Director and advisor Monica Bradley and I joined Steve Austin on 612 ABC Brisbane radio this morning to talk about paid parental leave, the debt tax and the upcoming Federal Budget more broadly. Is a paid parental leave scheme … Continue reading
Qld Treasury needs to explain logic of asset sales much more clearly
In her terrific book On Speaking Well, former Presidential Speech Writer Peggy Noonan argues convincingly that people ultimately are moved by logic, and you shouldn’t underestimate the intelligence of your audience. She writes: A good case well argued and well … Continue reading
Posted in Infrastructure, Macroeconomy, Queensland Government, Transport
Tagged assetsales, budget, privatisation, qld, qldtreasury, queensland
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Qld Govt leaves room to boost spending in election budget next year
The Queensland Government’s Mid Year Fiscal and Economic Review released yesterday didn’t contain many surprises, but left me with the thought the Government will have plenty of room to boost spending in next year’s Budget, in preparation for an election … Continue reading