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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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