Tag Archives: interest

States across Australia borrow to build – my recent state debt commentary

Posted on August 2, 2019 by Gene Tunny

I’ve been talking a lot about Queensland state debt lately, including with the Infrastructure Association of Queensland’s Funders Taskforce on the morning of Friday 19 July. The main points I made were as follows. Queensland’s gross state government debt, on … Continue reading →

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Right diagnosis from Qld Treasury on Qld’s debt problem, but wrong prescription

Posted on July 17, 2015 by Gene Tunny

The Review of State Finances (see p. 80) produced by Queensland Treasury to inform the 2015-16 Budget is clear that Queensland Government “debt is too high.” The Treasury acknowledges that the State’s balance sheet is not “in a position to … Continue reading →

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Accounting trick wouldn’t improve Qld Government’s real financial position

Posted on July 10, 2015 by Gene Tunny

Today’s Courier-Mail features an exclusive from State Political Reporter Steven Wardill on “Pitt’s Debt Trick.” It suggests the Government intends to transfer $4.1 billion of debt from the General Government sector (i.e. the government agencies such as health and education) … Continue reading →

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