Tag Archives: coronavirus

By “significant borrowings” Treasurer Dick means $10B-15B of additional debt, at least

Posted on November 29, 2020 by Gene Tunny

I raised my eyebrows when I read Queensland Treasurer Cameron Dick’s acknowledgement to the media today that there would be new “significant borrowings” in the forthcoming 2020-21 state budget (see the Courier-Mail report). Describing the additional borrowings to be revealed … Continue reading →

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Thoughts on the border decision and QPC’s productivity reform livestream

Posted on November 24, 2020 by Gene Tunny

First, better late than never I suppose, so I should be thankful the Queensland Government, on 1 December, will finally open up the state to Sydneysiders and let us travel to Sydney without having to endure hotel quarantine when we … Continue reading →

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Coal price crash is bad news for the state budget and future capital investment

Posted on November 23, 2020 by Gene Tunny

Last Friday, John McCarthy at In Queensland reported Budget impacts loom as coal prices plunge to four year lows. Yes, recent falls in the coking coal price to around $US100/t for coking coal must be causing anxiety in Queensland Treasury, … Continue reading →

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Women and the Budget – upcoming Griffith-WEN webinar on Thursday 26 November

Posted on November 22, 2020 by Gene Tunny

This Thursday, Griffith Business School and the Women in Economics Network (WEN) are holding a webinar on Women and the Budget, and I’ve agreed to act as Moderator for the webinar. Here’s the event description from the organisers: The economic … Continue reading →

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Bold claim from Qld Treasurer: more Queenslanders working now than pre-COVID restrictions

Posted on November 21, 2020 by Gene Tunny

Queensland Treasurer Cameron Dick has made a bold claim, which I disagree with, that more Queenslanders are working now than were working pre-COVID. The Treasurer’s claim is based on the October Labour Force data published by the ABS on Thursday, … Continue reading →

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JobMaker appears poorly targeted – great analysis from ex-Senator John Black

Posted on November 18, 2020 by Gene Tunny

Former Queensland Labor Senator and Executive Chairman of Education Geographics John Black has a great article on his website arguing We told you so…JobMaker misses the real target. Recall that JobMaker is the federal government’s hiring credit for newly engaged … Continue reading →

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Stamp duty to land tax switch has long been argued for by economists

Posted on November 17, 2020 by Gene Tunny

It’s good to see the NSW Government considering a switch from stamp duty on property transactions to a broader land tax, at least for future transactions where it’s possible people could be offered a choice of either an up-front payment … Continue reading →

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Qld risks becoming a hermit state if vaccine isn’t safe and effective

Posted on November 16, 2020 by Gene Tunny

Even though Adelaide doesn’t yet meet the Commonwealth’s definition of a COVID hotspot (as pointed out by Andrew Clennell on Sky Australia today), the Queensland Government rushed to declare it one and to impose quarantine requirements on travellers from Adelaide, … Continue reading →

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PM thinks he has agreement with Premier on border, but it’s the CHO who makes the decisions

Posted on November 14, 2020 by Gene Tunny

Sky News has reported PM confident Berejiklian- Palaszczuk border battle will end by Christmas, and PM Scott Morrison has said he has an agreement with both Premiers for Queensland to be fully open to NSW, including Greater Sydney, by Christmas. … Continue reading →

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Qld economy in big trouble if China follows through with trade threat

Posted on November 7, 2020 by Gene Tunny

Australian investors appear remarkably optimistic about the prospects for patching up our relationship with China given that, as the Financial Review reported yesterday, ASX up 4.4pc in US election, QE week. I can understand why a new round of Quantitative … Continue reading →

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