Tag Archives: qldbudget

Economic impacts of the North & North West Qld floods – Initial views

Posted on February 16, 2019 by Gene Tunny

All week we have been hearing the awful news about all the dead cattle in North and North West Queensland as a result of the recent floods. An estimate of around half a million dead cattle has been suggested, although … Continue reading →

Posted in Agriculture, Floods, Mining, North Queensland, Uncategorized | Tagged , , , , , , , , | 15 Comments

My ABC radio interviews on the Qld state budget for 2018-19

Posted on June 13, 2018 by Gene Tunny

I made two trips to ABC’s South Brisbane studios yesterday. On the Breakfast program, hosts Bec Levingston and Craig Zonca and I chatted about Queensland’s growing state debt, the distinction between good and bad debt, and the state’s credit rating. … Continue reading →

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

How did the Qld government accumulate so much debt?

Posted on May 15, 2018 by Gene Tunny

One of Queensland Deputy Premier-Treasurer Jackie Trad’s biggest challenges in her first state budget, to be delivered next month, is to demonstrate a credible debt reduction strategy. She needs to show how she can reduce state debt from its current … Continue reading →

Posted in Budget, Uncategorized | Tagged , , , , , , , , | 10 Comments

Qld MYFER should factor in population growth pick up

Posted on December 18, 2017 by Gene Tunny

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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Queensland State Election 2017: Week 2 review from Joe Branigan

Posted on November 11, 2017 by Gene Tunny

I am again very grateful for Joe Branigan’s review of the previous week in the Queensland election. The views expressed in the guest post are Joe’s, and they should not necessarily be attributed to me. GT Winner must target the … Continue reading →

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Is North Qld under-funded by the State Government relative to the South East?

Posted on July 16, 2017 by Gene Tunny

In Saturday’s Courier-Mail, State Affairs Editor Steven Wardill reported on the unmovable perception among North Queenslanders that their region is under-funded by the State Government, despite official data showing otherwise. Wardill noted: Facts and figures are dismissed out of hand. … Continue reading →

Posted in Infrastructure, North Queensland, Uncategorized | Tagged , , , , , , , , , , | 15 Comments

Huge regional disparities in Qld Government capital spending per capita

Posted on June 14, 2017 by Gene Tunny

The Queensland Government’s $10.2 billion capital program in 2017-18 is heavily skewed to regional areas outside SEQ and towards inner city Brisbane, but away from other areas in SEQ (see the chart below which I’ve created based on data in … Continue reading →

Posted in Budget, Uncategorized | Tagged , , , , , , , , , | 4 Comments

Qld Solar Bonus Scheme shows how bad government policy can cost taxpayers for a long time

Posted on June 1, 2017 by Gene Tunny

The Queensland Government yesterday directed its electricity network business Energy Queensland to remove the cost of the Solar Bonus Scheme from its charges until 2020, which will reduce Energy Queensland’s earnings and hence adversely impact the State Budget (see the … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , | 11 Comments

Courier-Mail’s public service wages-budget threat story based on Joe Branigan’s QEW guest post

Posted on April 26, 2017 by Gene Tunny

Well done to Joe Branigan on having his QEW guest post from last week, “Moody Blues”, quoted by the Courier-Mail’s Steven Wardill today (Qld Budget 2017: Public service wages threaten bottom line): THE cash-strapped State Government will have to impose … Continue reading →

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

Posted on December 14, 2016 by Gene Tunny

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 →

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