Tag Archives: government

White Elephant Stampede – podcast chat w/ Scott Prasser

Posted on October 15, 2022 by Gene Tunny

Queensland has had more than its fair share of white elephant projects, including the Toowooomba Wellcamp quarantine facility and the Gold Coast desalination plant. The economics and politics of white elephants are considered in a new book from Connor Court … Continue reading →

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US libertarian public finance expert Dan Mitchell slams the “global tax cartel” Australia has joined

Posted on January 15, 2022 by Gene Tunny

Last year, Australia signed up to the OECD-led push for a global minimum corporate tax rate of 15%, a measure designed to reduce the profit-shifting to low-tax countries which occurs and disadvantages higher corporate tax rate countries such as Australia, … Continue reading →

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Senator Canavan explains why he opposes Net Zero by 2050 in my latest Economics Explored episode

Posted on October 27, 2021 by Gene Tunny

In Episode 111 of my Economics Explored podcast, Queensland Senator Matt Canavan explains why he opposes the Net Zero greenhouse gas emissions by 2050 objective. We have a wide-ranging conversation covering COP26, nuclear energy, hydrogen, China, the US political situation (particularly … Continue reading →

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Managing government budgets podcast chat with Rachel Nolan, former Qld Gov’t finance minister

Posted on July 17, 2021 by Gene Tunny

Former Queensland Government Finance and Transport Minister Rachel Nolan (currently Queensland Executive Director of the McKell Institute) provides some great insights into managing government budgets in my latest Economics Explored episode EP96 Managing Government Budgets. For example, here’s Rachel on … Continue reading →

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Does government understand business and realise the huge costs of lockdowns?

Posted on July 13, 2021 by Gene Tunny

The reports from the Sydney lockdown are grim. The lockdown is imposing a huge cost on affected businesses. The financial assistance offered today by the federal and NSW governments may be insufficient for many businesses (e.g. see Sydney CBD restaurants … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 2 Comments

Role of Treasury in economic policy conversation with Paul Tilley – latest Economics Explored episode

Posted on March 6, 2021 by Gene Tunny

When I spoke with Scott Emerson on his 4BC Drive program last Thursday, I mentioned the federal Treasury would be currently working on options to extend JobKeeper in some form to tourism-dependent businesses. The Treasury has been prominent in developing … Continue reading →

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

‘Hollywood Australia’ supported by generous tax credits and other government subsidies

Posted on February 11, 2021 by Gene Tunny

The Australian is reporting ‘Hollywood Australia’ a $1.5bn movie blockbuster extravaganza, covering the surge in international film productions such as Thor: Love and Thunder filming in Australia. This is partly related to Australia’s success in managing COVID and also to … Continue reading →

Posted in Industry policy, Tax | Tagged , , , , , , , , , , , , , | 2 Comments

Aussies over-confident after being over-compensated by Gov’t for COVID-recession

Posted on December 9, 2020 by Gene Tunny

Today we learned that, as Reuters reports, Australia consumer sentiment hits 10-year high (see chart above). This is despite Chinese trade restrictions and the looming insolvency tsunami in the new year and the fiscal cliff in April 2021. Sure, given … Continue reading →

Posted in Macroeconomy | Tagged , , , , , | 2 Comments

Megaprojects chat with Marion Terrill from Grattan

Posted on November 19, 2020 by Gene Tunny

The Queensland Government’s troubled Cross River Rail project is a good example of a multi-billion-dollar Megaproject at risk of cost blowouts and falling short of projected benefits, as I posted on last week (Cross River Rail scrutinised by Grattan and … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Tech Giants vs legacy media and governments – latest podcast episode

Posted on October 23, 2020 by Gene Tunny

One of the biggest pieces of international news this week was the announcement that the US Department of Justice is suing Google over its alleged monopoly in search (see US justice department sues Google over accusation of illegal monopoly). The … Continue reading →

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