Tag Archives: creditrating

Ten years since Queensland lost its AAA credit rating

Ten years ago, on 20 February 2009, then Queensland Treasurer Andrew Fraser released the Economic and Fiscal Update which forecast lower revenues, large deficits and burgeoning debt. S&P promptly downgraded the state of Queensland from a AAA credit rating to AA+ … Continue reading

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Courier-Mail’s public service wages-budget threat story based on Joe Branigan’s QEW guest post

Well done to Joe Branigan on having his QEW guest post from last week, “Moody Blues”, quoted by the Courier-Mail’s Steven Wardill today (Qld Budget 2017: Public service wages threaten bottom line): THE cash-strapped State Government will have to impose … Continue reading

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Moody Blues – guest post by Joe Branigan

I am delighted to publish a guest post by my old friend and former Treasury colleague Joe Branigan on the recent upgrade to the outlook for Queensland’s credit rating from Moody’s. GT Moody Blues by Joe Branigan Moody’s Investor Services … Continue reading

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Goss Government was strong on economic management, possibly to its political detriment

It was sad news indeed today that Wayne Goss has died at what is now a relatively young age of 63. He certainly made a fine contribution to Queensland during his years as Premier. In addition to the electoral and … Continue reading

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Link to my interview on Commission of Audit on ABC Brisbane radio this morning

Steve Austin from 612 ABC Brisbane radio interviewed me this morning on the Commission of Audit report. I elaborated on my view that it’s a good report because: it offers a framework for the role of Government that can guide … Continue reading

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When will Queensland get its AAA credit rating back?

I’m unsurprised by Wayne Swan’s announcement the surplus is unachievable – it always was, even when the outlook was better, as I posted on previously (Budget turnaround looks implausible in Treasurer’s chart). Also the Queensland budget update today contained no surprises, … Continue reading

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