Tag Archives: industryassistance

Entrepreneurs seeking venture capital better off going to US

Posted on April 22, 2014 by Gene Tunny

Australia’s low level of venture capital investment is often raised as a cause for concern, as in today’s article from Elizabeth Knight in the Age, Start ups starved of venture capital: In Australia the venture capital sector is not starved … Continue reading →

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QCA issues paper shows large potential savings in industry assistance

Posted on April 12, 2014 by Gene Tunny

The Queensland Competition Authority yesterday released its issues paper for its inquiry into Queensland Government industry assistance. The paper provides an excellent framework for evaluating industry assistance measures. It also highlights a number of costly assistance measures provided by Queensland … Continue reading →

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QCA review of Qld Govt industry assistance is great news

Posted on April 5, 2014 by Gene Tunny

The Queensland Competition Authority has announced that the Government has commissioned it to review State Government industry assistance (see Review of Queensland Government Industry Assistance), which the Productivity Commission has previously estimated at over $800 million per annum (See Scope to cut … Continue reading →

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Scope to cut Qld Government industry assistance

Posted on February 13, 2014 by Gene Tunny

Queensland Treasurer Tim Nicholls did a good job of dampening expectations for this year’s Queensland Budget yesterday: Queensland Treasurer Tim Nicholls says there will be no over-spending in the last budget before the election While the Government is rightly investigating … Continue reading →

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ABC Brisbane radio interview on Toyota departure

Posted on February 11, 2014 by Gene Tunny

This morning, Steve Austin from 612 ABC Brisbane interviewed me regarding Toyota’s departure and the demise of car manufacturing in Australia: How will Toyota’s departure affect the local economy? I reiterated a number of points I’ve made previously, including in … Continue reading →

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Drum opinion piece – Taxpayer money wasted chasing film productions

Posted on June 20, 2013 by Gene Tunny

The ABC’s The Drum has published an opinion piece of mine: Taxpayer money wasted chasing film productions I see very little merit in Government assistance to the film industry, apart from supporting the creation of genuine Australian content that helps … Continue reading →

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Future of Australian car industry depends a lot on the exchange rate

Posted on May 23, 2013 by Gene Tunny

It’s been clear for a long time – well, all the time since Mitsubishi shut down in early 2008 – that Ford was the next Mitsubishi, so today’s plant closures aren’t that unexpected. Once again, as I more-or-less observed in … Continue reading →

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Holden chief’s weird call for independent review of car industry

Posted on November 27, 2012 by Gene Tunny

I was stunned when I read that Holden boss Mike Devereux has called for an independent review of the car industry, presumably in relation to Government assistance (see ‘Deadline looms’ for car industry). The Australian car industry should be extremely … Continue reading →

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