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Tag Archives: cba
Transparency essential in Building Qld cost-benefit studies of infrastructure projects
Last Thursday morning I attended an excellent breakfast seminar on infrastructure organised by the French-Australian Chamber of Commerce and Industry (FACCI) and hosted by Holding Redlich Lawyers in their Queen St, Brisbane CBD offices. The seminar featured highly informative and … Continue reading
Is banning plastic bags the best option to tackle litter and reduce waste?
Guest post by Rod Bogaards It looks like a push is on to ban single-use plastic bags nationally according to the Courier-Mail. A ban has already been implemented in some of the smaller states and territories but not elsewhere. Perhaps … Continue reading
Posted in Environment, Uncategorized
Tagged australia, cba, costbenefitanalysis, environment, ephc, pc, plasticbags, productivitycommission
8 Comments
Terminating KSD contract probably provides a better return for ratepayers than proceeding
Jim Binney returns to the topic of the controversial $650 million Kingsford Smith Drive upgrade in a new guest post. From an economic point of view, avoiding costs is akin to a benefit. In fact this is the logic that … Continue reading
Posted in Brisbane, Transport, Uncategorized
Tagged benefitcostratio, brisbane, cba, costbenefitanlaysis, kingsfordsmithdrive, ksd, roads, roadupgrade
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More transparency, but KSD upgrade still looks like a dud
Jim Binney, Principal of Mainstream Economics and Policy, has undertaken further analysis of the proposed Kingsford Smith Drive upgrade, following up his guest post from yesterday, and I am very happy to publish his critique of the business case below. … Continue reading
Posted in Transport, Uncategorized
Tagged bcc, brisbane, cba, congestion, costbenefitanalysis, kingsfordsmithdrive, ksd, ksdupgrade, roadcrashes, sensitivityanalysis, traveltime
2 Comments
Guest post on KSD upgrade by Jim Binney
I am very grateful to Jim Binney, Principal of Mainstream Economics and Policy, for preparing the guest post below on the economics of the Kingsford Smith Drive upgrade. I share Jim’s suspicion that the project is an “economic dud.” Brisbane … Continue reading
What does the sensitivity analysis for KSD upgrade show?
Governments and local councils would be much better off making business cases for public projects such as the $650 million Kingsford Smith Drive upgrade public before they commit to them, so they are tested by the critics and the politicians … Continue reading
Posted in Transport, Uncategorized
Tagged bcr, benefitcostratio, brisbane, cba, ksd, roads, sensitivityanalysis, transport
4 Comments
Courier-Mail’s Paul Syvret on my “coldly commercial prism”
Thanks to the Courier-Mail’s Paul Syvret for quoting my last post in his Saturday opinion piece on the proposed new 1,500 seat theatre for Brisbane (see Opinion: New inner-city theatre would be a boost for Brisbane, which may be behind … Continue reading
Posted in Arts, Uncategorized
Tagged arts, brisbane, businesscase, cba, cge, costbenefitanalysis, couriermail, culture, inputoutput, iomodel, mulitpliers, qld, qpac, queensland, theatre
6 Comments
Ethanol mandate to be introduced despite lack of evidence on net benefits to Qld
Earlier this week, the Queensland Government introduced into Parliament a bill for a 2 per cent ethanol mandate (see this Brisbane Times report). This measure appears designed to placate Katter’s Australian Party, which is looking out for cane growers who … Continue reading
Posted in Agriculture, Retail trade
Tagged cba, costbenefitanalysis, e10, ethanol, fuel, petrol, qld, queensland, racq
6 Comments
2014 wrap up – Qld Govt excelled on budget management, but Adani & Tatts deals questionable
The Queensland Government’s major economic policy achievements in 2014 included: strong budget management, particularly through expenditure restraint, with the Mid Year Fiscal and Economic Review reporting that expenses in 2014-15 are expected to now be $720 million lower than budget … Continue reading
Posted in Budget, Mining
Tagged adani, budget, cba, coal, costbenefitanalysis, galileebasin, gambling, mining, pc, privatisation, productivitycomission, qld, queensland, retailwagering, tab, tattsgroup, wagering
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How important is the return of leased out assets in 99 years time in a cost-benefit analysis?
The Premier’s interesting comparison of the proposed leasing out of Queensland Government assets to the long-term lease of Hong Kong, which was eventually returned to China, made me think about how important the eventual return of assets should be in … Continue reading
Posted in Budget, Queensland Government
Tagged cba, costbenefitanalysis, discountrate, hongkong, longtermlease, privatisation, qld, queensland, timevalueofmoney
7 Comments