Tag Archives: debt

My ABC radio interviews on the Qld state budget for 2018-19

I made two trips to ABC’s South Brisbane studios yesterday. On the Breakfast program, hosts Bec Levingston and Craig Zonca and I chatted about Queensland’s growing state debt, the distinction between good and bad debt, and the state’s credit rating. … Continue reading

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What I’m expecting from the 2018-19 Qld state budget

This coming Tuesday, 12 June, Queensland Deputy Premier-Treasurer Jackie Trad will deliver her first state budget. It is her best chance to establish her economic credibility. Trad is fortunate the state economy is performing reasonably well, albeit not strongly across … Continue reading

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How did the Qld government accumulate so much debt?

One of Queensland Deputy Premier-Treasurer Jackie Trad’s biggest challenges in her first state budget, to be delivered next month, is to demonstrate a credible debt reduction strategy. She needs to show how she can reduce state debt from its current … Continue reading

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Critical Qld Gov’t debt metric still projected to worsen

Yesterday’s Mid Year Fiscal and Economic Review revealed Queensland Government debt forecasts marginally lower than they were at budget time in June, but total borrowings will still reach nearly $81 billion by mid-2021. As Steven Wardill notes in today’s Courier-Mail: … Continue reading

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Des Houghton’s comments on Qld Government’s daily interest bill of $10 million

In an opinion piece published Monday, the Courier-Mail’s Des Houghton rightly highlighted the huge challenge new Queensland Treasurer Jackie Trad faces in reining in spending, particularly given the significant burden placed on the budget by the interest on general government … Continue reading

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Infeasible for Qld Greens to pay for extravagant promises by only taxing property developers & big corporations

The Brisbane Times is reporting Queensland Greens, swelled by the newly enrolled, plan on ‘doing a Northcote’, and it appears that the Palaszczuk Government’s star performer, Deputy Premier Jackie Trad, remains at risk of losing her seat of South Brisbane … Continue reading

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Qld Greens policies would increase State Gov’t spending by $8-9BN p.a.

Queensland’s Deputy Premier Jackie Trad is under threat of losing her seat of South Brisbane to the Greens candidate Amy MacMahon, who is benefiting politically from a range of utopian policies disconnected from economic reality (see Friday’s Courier-Mail on the … Continue reading

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