Tag Archives: coal

Sluggish economy & lower coal prices could put Qld gov’t in operating deficit

Posted on December 2, 2019 by Gene Tunny

The mid-year budget update from the Queensland Government later this month will no doubt contain economic and fiscal forecasts with substantial downward revisions, owing to a weaker national economy and lower coal prices. The state budget forecast a hard coking … Continue reading →

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The deteriorating global outlook & Qld’s mining regions – initial thoughts

Posted on August 9, 2019 by Gene Tunny

Each passing week I’m becoming more concerned about the global economic outlook and what it means for us here in Queensland, given that the strength of our resources sector is closely related to the strength of the global economy. My … Continue reading →

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Qld Budget interviews with ABC’s Steve Austin & 4BC’s Ross Greenwood

Posted on June 11, 2019 by Gene Tunny

While chatting with 612 ABC Brisbane’s Steve Austin and fellow interviewee Nick Behrens this afternoon, I almost chuckled when Steve asked me whether this Queensland state budget, in which total debt is projected to head toward $90 billion by 2022-23, … Continue reading →

Posted in Budget, Queensland Government, Uncategorized | Tagged , , , , , , | 2 Comments

Qld’s exports to China doubled in less than 2½ years

Posted on June 10, 2019 by Gene Tunny

There was some excellent commentary on the US’s and Australia’s relationships with China on ABC Radio National over the weekend which I can highly recommend: FT’s Martin Wolf interview: Is the US wrong on the trade war? on Saturday Extra … Continue reading →

Posted in China, Exports, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Trad’s Cross River Rail & state budget plans wrecked by Coalition victory

Posted on May 19, 2019 by Gene Tunny

Queensland Deputy Premier and Treasurer Jackie Trad and her senior Treasury officials will be vexed by the implications of the shock federal Coalition victory yesterday for Cross River Rail funding and the state budget. I expect Trad and state Treasury … Continue reading →

Posted in Budget, Transport | Tagged , , , , , , , , , , , , | 2 Comments

Qld Premier’s Export Awards launch at the Tower of Power

Posted on May 14, 2019 by Gene Tunny

I had a great time helping launch the Premier of Queensland’s Export Awards 2019 at 1 William St, a.k.a. the “Tower of Power”, in Brisbane earlier this week. Paul Cooper, Chairman of the Advanced Manufacturing Growth Centre, and I spoke … Continue reading →

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Trad right on thermal coal – Qld should prepare for possible future decline of industry

Posted on February 27, 2019 by Gene Tunny

Queensland Deputy Premier and Treasurer Jackie Trad is quoted in the Courier-Mail today on the future of thermal coal in Queensland: QUEENSLANDERS working in thermal-coal mines should start reskilling now to prepare for the decline of the industry, according to … Continue reading →

Posted in Mining, Uncategorized | Tagged , , , , , , , , , , , , | 8 Comments

QEW week that was video – coal, negative gearing & the economic outlook

Posted on February 23, 2019 by Gene Tunny

Posts from me and other commentators mentioned or alluded to in this video include: Housing industry round table with Treasurer Frydenberg at Parliament House Latest Qld wages growth and Qld labour market summary from Nick Behrens WTF happened to BNE-CNS? … Continue reading →

Posted in Cairns, China, Climate change, Housing, Uncategorized | Tagged , , , , , , , , , , , , , , | 1 Comment

QEW week that was video – 3/2 to 9/2/19

Posted on February 9, 2019 by Gene Tunny

Earlier today I recorded this wrap up of the past week, in which I discuss my recent economic outlook presentations (with the latest available at the QMCA website), Ken Henry’s resignation as NAB Chair, and Queensland’s state debt, among other … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , | 2 Comments

Qld: hot or not? My presentation at the Brisbane Club on Wednesday 6 February

Posted on February 6, 2019 by Gene Tunny

It was a great day to give an economic outlook presentation, with RBA Governor Philip Lowe announcing a change in monetary policy guidance, from saying the next rate movement would most likely be up, to saying the cash rate may … Continue reading →

Posted in Infrastructure, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments