Tag Archives: interest

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

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

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

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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