Tag Archives: myfer

Qld MYFER should factor in population growth pick up

Higher coal royalty revenue associated with higher coal prices will be the big story coming out of Queensland’s Mid Year Fiscal and Economic Review, to be released today, but there should be some other important variations to note. Population growth … Continue reading

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Qld Health spending restraint should be a priority for new Treasurer Trad

My colleague Nick Behrens from QEAS was quoted in yesterday’s Financial Review regarding the need for new Queensland Treasurer Jackie Trad to restrain State Government spending growth, and he has made related comments in his latest newsletter. As is well … Continue reading

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Higher royalties improve Qld budget bottom line, but work still needed on budget repair

As we have been expecting for some time, higher coal prices and thus royalties (see chart below) have translated into a much improved State Budget balance, with the Queensland Treasury now forecasting the biggest operating surplus ($2 billion) in a … Continue reading

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Merger savings good if they occur, but debt shuffle dubious

I am very flattered the Courier-Mail has a story about me this morning with the title on its website of The man who could clear Qld’s deficit: THE forecast deficit of $1.5 billion could be overcome by courageous decisions made … Continue reading

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Qld Treasury’s forecasting record has improved in last few years, but big test to come

In the Mid-Year Fiscal and Economic Review at the end of 2014, Queensland Treasury downgraded its economic growth forecast for Queensland in 2014-15 from 3% to 2.5%, to reflect the weaker economic outlook. After Queensland’s technical recession in the last … Continue reading

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Qld Govt leaves room to boost spending in election budget next year

The Queensland Government’s Mid Year Fiscal and Economic Review released yesterday didn’t contain many surprises, but left me with the thought the Government will have plenty of room to boost spending in next year’s Budget, in preparation for an election … Continue reading

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