Tag Archives: privatisation

Quiggin’s Economics in Two Lessons should be on ECON101 reading lists for decades to come

John Quiggin, the UQ Vice Chancellor’s Senior Fellow in Economics, has a new book out, Economics in Two Lessons: Why Markets Work so Well, and Why They Can Fail so Badly, which I can highly recommend. I’ve enjoyed dipping in … Continue reading

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Forty years after Thatcher’s election – CIS event in Brisbane on Thursday 2 May

This Friday, the 3rd of May, is the 40th anniversary of the 1979 UK election which saw Margaret Thatcher become Prime Minister. It is doubtful that any UK Prime Minister since Thatcher will loom as large in our collective memory … Continue reading

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Ten years since Queensland lost its AAA credit rating

Ten years ago, on 20 February 2009, then Queensland Treasurer Andrew Fraser released the Economic and Fiscal Update which forecast lower revenues, large deficits and burgeoning debt. S&P promptly downgraded the state of Queensland from a AAA credit rating to AA+ … Continue reading

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Coal, climate change, solar & batteries – why Qld Treasury wanted to offload the state’s energy assets

The recent Financial Times report Development bank halts coal financing to combat climate change, reprinted in this morning’s AFR, should prompt some serious long-term thinking from the Queensland government and local governments with regional economies heavily dependent on coal mining, … Continue reading

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NSW winning fiscal State of Origin

My former Treasury colleague and old friend Joe Branigan, now at Cadence Economics and SMART Infrastructure Facility, was quick to tweet a State-of-Origin themed chart yesterday following the release of the NSW State Budget (see Joe’s chart below). As noted … Continue reading

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Inquiry should consider contestability and privatisation of QR services

One of the alleged benefits of public provision of services is that levels of service and reliability are higher than for private provision, but the crisis engulfing Queensland Rail at the moment suggests we should question that purported benefit. It … Continue reading

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Comments on asset sales/privatisation in Saturday’s Courier-Mail

At the IAQ Infrastructure Summit in Brisbane on Thursday last week, several participants lamented that Queensland was missing out on the benefits of so-called asset recycling that NSW and Victoria were expecting. The privatisation issue will not die in Queensland, … Continue reading

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