Tag Archives: ergon

Success of privatisation plan requires $12 billion spent wisely

Posted on October 7, 2014 by Gene Tunny

As I’ve commented on previously, I’d prefer the Queensland Government to allocate all of the privatisation proceeds to debt reduction to maximise our chances of regaining our AAA credit rating. By allocating a sizable fraction – now $12 billion according … Continue reading →

Posted in Budget, Energy | Tagged , , , , , , , , , | 6 Comments

ABC radio interview on asset leases

Posted on September 17, 2014 by Gene Tunny

At a BDO economic outlook breakfast I attended at the Brisbane Convention Centre this morning, Treasurer Tim Nicholls announced that the Government would consider asset leases as an alternative to the previously announced sale of the power generators and the … Continue reading →

Posted in Budget, Energy | Tagged , , , , , , , | 2 Comments

Productivity and Privatisation – panel discussion at Griffith University, Southbank

Posted on July 23, 2014 by Gene Tunny

I was delighted to speak alongside productivity expert Dean Parham at a Griffith University panel discussion earlier tonight on productivity and privatisation. Thanks to Alex Robson of Griffith for organising the excellent, well-attended event. My prepared remarks are below. I … Continue reading →

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Government should just sell Energex, Ergon & Powerlink

Posted on June 4, 2014 by Gene Tunny

The Government’s interesting proposition for private sector participation in Energex, Ergon and Powerlink, which raises the bulk of the $30-35 billion under the Strong Choices plan, should be attractive to investors because the businesses have reasonably reliable revenue streams they … Continue reading →

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7.30 Qld interview on asset sales

Posted on June 1, 2014 by Gene Tunny

Last week, Maria Hatzakis interviewed me for the Queensland edition of the 7.30 Report, which aired on Friday night: Privatisation push as power prices surge again In understanding why the sale of electricity assets is desirable, the Productivity Commission’s Electricity … Continue reading →

Posted in Budget, Energy, Queensland Government, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Productivity Commission says no rationale for State ownership of Energex and Ergon

Posted on June 27, 2013 by Gene Tunny

Paul Syvret in the Courier-Mail today has a nice summary of the Productivity Commission’s latest report on Electricity Network Regulation. The Commission suggests there would be cost savings and lower power bills flowing from privatisation of electricity network businesses such … Continue reading →

Posted in Energy | Tagged , , , , , , , , | 5 Comments

Qld budget surplus delay not a big deal, but reinforces need to consider Energex & Ergon sell off

Posted on June 4, 2013 by Gene Tunny

There won’t be much to report after the release of the Queensland Budget later today as it appears much of the big news has already been released, including a delay in achieving the Budget surplus, originally forecast for 2014-15 and … Continue reading →

Posted in Budget | Tagged , , , , , , | 1 Comment

Commission of Audit report an impressive guide to reform of Qld Government

Posted on April 30, 2013 by Gene Tunny

The three volumes of the Commission of Audit report released today form an impressive guide to the reform of the Queensland Government over the rest of the decade. With solid analysis of policy issues across the wide range of public … Continue reading →

Posted in Budget, Queensland Government | Tagged , , , , , , , , | 5 Comments

Qld Government should sell assets – further spending cuts would weaken economy further

Posted on April 19, 2013 by Gene Tunny

Given the weakness in the Queensland economy in recent months, it’s unsurprising Government revenues have fallen short of forecast levels, and the Government is considering  asset sales recommended by Peter Costello’s Commission of Audit, as reported by the Courier-Mail this … Continue reading →

Posted in Budget | Tagged , , , , , , | 5 Comments

Recent studies show potentially large savings in power bills

Posted on December 3, 2012 by Gene Tunny

Prime Minister Julia Gillard is right to draw attention to rising electricity prices and ask whether we can improve the regulation of our electricity networks, with a view to promoting cheaper ways of guaranteeing reliable power supplies. The Queensland Independent … Continue reading →

Posted in Infrastructure | Tagged , , , , , , , , , | 1 Comment