Tag Archives: debt

Amusing costings of Qld election commitments – $4bn of Gov’t election commitments reported to have zero “Net Impact”

Posted on October 27, 2020 by Gene Tunny

I laughed out loud when I opened up a copy of the costings of the current Queensland Government’s election commitments and it reported that its $4 billion plus of commitments have practically zero “Net Impact” because it will be borrowing … Continue reading →

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NQ State feasibility should be explored in lead up to Katter-proposed referendum

Posted on October 27, 2020 by Gene Tunny

I’m pleased that Katter’s Australian Party (KAP) leader Robbie Katter will push for a referendum on North Queensland statehood in the first half of 2021, as reported on news.com.au. It appears there is widespread disappointment in the North with the … Continue reading →

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Chat with 4BC’s Neil Breen on Qld Economic Recovery Plan, travel restrictions, deficits, and debt

Posted on October 22, 2020 by Gene Tunny

Yesterday morning, I spoke with 4BC Breakfast presenter Neil Breen about the Queensland Government’s Economic Recovery Plan, travel restrictions, deficits, and debt. The recording has been published on the 4BC website: What’s in the book? Neil began by asking me … Continue reading →

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Qld Treasurer trying to have it both ways on budget outlook

Posted on October 15, 2020 by Gene Tunny

Queensland Treasurer Cameron Dick is trying to have it both ways regarding Queensland’s budget outlook. He is arguing the Opposition’s target of a budget surplus by 2023-24 is unattainable, but he has previously argued the budget outlook is so uncertain … Continue reading →

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Frydenberg’s won’t-die-wondering Budget

Posted on October 6, 2020 by Gene Tunny

Treasurer Josh Frydenberg delivered a strong speech tonight in handing down what I’d label as his won’t-die-wondering budget, or possibly as the Nixon-goes-to-China budget, a federal budget with an expected current financial year deficit of $214 billion and projected total … Continue reading →

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Gov’t claims police boost “fully funded”, but won’t release full budget forward estimates

Posted on September 27, 2020 by Gene Tunny

Earlier today, in announcing a huge boost to police staffing, expected to cost $624 million over five years, Queensland Police Minister Mark Ryan commented (in the media release Palaszczuk Government to deliver an extra 2,025 police personnel): “Unlike the commitments … Continue reading →

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The Deficit Myth and Modern Monetary Theory – latest podcast episode

Posted on August 13, 2020 by Gene Tunny

I’ve recorded some thoughts on Stephanie Kelton’s best-selling book The Deficit Myth which is popularising so-called Modern Monetary Theory: The Deficit Myth and Modern Monetary Theory – initial views In my recorded conversation with my Adept Economics colleague Ben Scott, … Continue reading →

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Yes to a North Qld State podcast

Posted on July 31, 2020 by Gene Tunny

Bill Bates and David Young from the Boot Brisbane group have started a new live-streamed podcast on creating a new state of North Queensland. Guests so far have included former Queensland Speaker John Mickel and federal MP Ewen Jones, and … Continue reading →

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ABC radio interview on Qld state debt & deficits update

Posted on July 24, 2020 by Gene Tunny

At the Parliamentary Inquiry into the Queensland Government’s economic response to COVID-19 on Monday last week, I called for the Government to publish its internal-use estimates of the state budget position and debt, so we don’t have to wait until … Continue reading →

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Australia’s upcoming mini-Budget

Posted on July 20, 2020 by Gene Tunny

Australian Treasurer Josh Frydenberg will hand down a mini-Budget this Thursday, and it’s coming just in time, given the growing concern over the spread of COVID-19 in Victoria and NSW. I recorded a video earlier today with some thoughts on … Continue reading →

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