Tag Archives: qic

QIC takeover of GOCs is a very bad idea

Posted on June 25, 2015 by Gene Tunny

As suggested in the Courier-Mail this morning, it is possible the Queensland Government will try to appear it is meeting its fiscal strategy and paying down debt through some creative accounting, involving government-owned corporations (GOCs) (e.g. Energex, Stanwell, Gladstone and … Continue reading →

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

Courier-Mail story on Qld Govt’s fiscal challenges

Posted on June 13, 2015 by Gene Tunny

I was quoted by John McCarthy in an article in today’s Courier-Mail (see image above) regarding the Queensland Government’s fiscal challenges. I’ve previously commented on the big challenge the Government has of sticking to its fiscal strategy announced at the … Continue reading →

Posted in Budget, Infrastructure, Queensland Government | Tagged , , , , , , , , , , | 1 Comment

Govt should embrace Costello Commission of Audit privatisation recommendations

Posted on March 1, 2013 by Gene Tunny

Unsurprisingly, the Peter Costello-led Queensland Commission of Audit has recommended privatisation of a large number of Queensland Government assets, as reported in the Courier-Mail this morning: SELL assets or spend the next half a century paying off debt. That is … Continue reading →

Posted in Budget, Queensland Government, Queensland Rail | Tagged , , , , , , | Leave a comment

Mining has been only “pillar” generating jobs

Posted on December 17, 2012 by Gene Tunny

Queensland Investment Corporation CEO Damien Frawley made some astute observations on the outlook for Queensland’s economy, which were reported in the Courier-Mail this morning: THE resources boom will leave a lasting legacy for Queensland’s economy regardless of when it runs … Continue reading →

Posted in Agriculture, Labour market, Macroeconomy, Mining | Tagged , , , , , , , | 1 Comment