Tag Archives: igr

Why is Australia’s workforce participation rate at a record high of 66.1%?

The first episode of the new season of Utopia on the ABC featured the Intergenerational Report, which projects an eventual reduction in the workforce participation rate due to an ageing population. At the moment, however, Australia’s participation rate is actually … Continue reading

Posted in Labour market, Uncategorized | Tagged , , , , , , | 3 Comments

YIMBY, self-fulfilling prophecies, Cairns tourism & Qld GSP growth: Comments & questions on my outlook presentations

I’ve had several interesting comments and questions regarding my economic outlook presentations last week. YIMBY – Yes in my backyard In my Brisbane Club presentation last Wednesday Qld: Hot or not? I commented on Brisbane City Council’s temporary planning instrument … Continue reading

Posted in Cairns, North Queensland, Tourism, Uncategorized | Tagged , , , , , , , , , , , | 6 Comments

PwC Budget breakfast tickets on sale – business sees need for budget repair, even if politicians don’t

Former PM John Howard, who will speak at PwC’s Federal Budget Breakfast in Brisbane on 13 May On the morning after the night the Federal Budget is delivered, the most desirable tickets in Brisbane are to PwC’s Budget Breakfast, which … Continue reading

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Qld Govt faces big budgetary challenges from unreliable revenues and soaring health costs

In yesterday’s post I noted that the Queensland Government has become increasingly reliant on volatile royalties revenue, and that its major revenue sources of Commonwealth grants and taxation revenue have been growing significantly slower than expenses in recent years. I … Continue reading

Posted in Budget, Health, Tax | Tagged , , , , , , , , | 2 Comments

Intergenerational Report shows the problem, but offers no solutions

The Intergenerational Report is a useful document in that it reinforces the need for tough fiscal measures to avoid ever-increasing budget deficits and debt – a need that has been apparent for some time – but alas the IGR offers … Continue reading

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