Tag Archives: property

Good & bad news on Qld economy – avoids worst effects of property bust, but remains reliant on gov’t spending

Queensland state and local general government capital expenditures increased 13% in March quarter, rising to $2.79 billion, helping Queensland to record 0.5% growth in State Final Demand, the second highest growth rate in Australia (second to Tasmania with 0.7%). Part … Continue reading

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Trad’s Cross River Rail & state budget plans wrecked by Coalition victory

Queensland Deputy Premier and Treasurer Jackie Trad and her senior Treasury officials will be vexed by the implications of the shock federal Coalition victory yesterday for Cross River Rail funding and the state budget. I expect Trad and state Treasury … Continue reading

Posted in Budget, Transport | Tagged , , , , , , , , , , , , | 2 Comments

Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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Grattan joins fight against stamp duty

Leading Australian think tank the Grattan Institute has joined the fight against stamp duty on property transactions (see Renovating housing policy and Jessica Irvine’s article). Grattan notes (on p.32): Stamp duty and pension asset tests create large disincentives to households … Continue reading

Posted in Housing, Labour market, Tax | Tagged , , , , , , , , | 4 Comments