Tag Archives: debt

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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Qld state debt debate is challenging for both sides

What an exciting first week of the election campaign! I am very pleased that state government debt is a prominent issue in the campaign, and I must say I’m surprised by the Queensland Treasurer’s recent description of the total state … Continue reading

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Comments on Qld state debt to the Courier-Mail

I am quoted in today’s Courier-Mail in an article on Queensland state debt, which for the whole Queensland Government (incl. government-owned businesses) is on its way to over $80 billion (see chart below). The paper reports on the Premier’s failure … Continue reading

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Improved economic conditions may give Qld Gov’t confidence to call early election

Queensland political observers were stunned today when State Government Ministers started giving what appeared to be end-of-term wrap up speeches in Parliament, raising the possibility of an early election in September or October. With some of the Government’s recent announcements, … Continue reading

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Qld Government gets lucky in election Budget, but debt to climb to $81 billion in 2020-21

The 2017-18 State Budget reveals the Queensland Government got very lucky this year, benefiting from a surge in royalties that has allowed it to generate a positive fiscal balance (i.e. the budget balance that also accounts for infrastructure spending) in … Continue reading

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