Tag Archives: qldbudget

My comments on super repatriation in today’s Courier-Mail

Posted on May 25, 2016 by Gene Tunny

Page 17 of today’s Courier-Mail I am obviously concerned about the possible risks associated with the State Government’s planned withdrawal of funds set aside to meet defined benefit superannuation liabilities, and I am quoted to this effect in today’s Courier-Mail, … Continue reading →

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

Extra GST revenue welcome, but Qld still faces big fiscal challenges

Posted on April 10, 2016 by Gene Tunny

The Queensland Government must be pleased the Commonwealth Grants Commission (CGC) has recommended it receive an additional $520 million above what it might have expected from the GST revenue carve up for 2016-17 (see 2016 Update Report). The gain to … Continue reading →

Posted in Budget, Infrastructure, Uncategorized | Tagged , , , , , , , | Leave a comment

Challenging conditions outside SEQ

Posted on January 21, 2016 by Gene Tunny

In his recent commentary regarding strong growth in the retail sector, National Retail Association CEO Trevor Evans noted: “South East Queensland is performing strongly but performance in Queensland is being held back by issues in some areas…Some areas are living … Continue reading →

Posted in Brisbane, Gold Coast, Infrastructure, Labour market, Mackay, Macroeconomy, Mining, North Queensland, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , , , , | 11 Comments

Merger savings good if they occur, but debt shuffle dubious

Posted on December 15, 2015 by Gene Tunny

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 →

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

ABC radio interview on the fiscal challenges facing the new Qld Government

Posted on March 26, 2015 by Gene Tunny

Chatting with Steve Austin about the fiscal challenges facing the new Government in the Legislative Council Chamber at Queensland Parliament House, Brisbane (Photo: Terri Begley) On the first day of Queensland’s new Parliament, Steve Austin from 612 ABC Brisbane radio … Continue reading →

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

Overall a good Budget, but earmarking sales proceeds for infrastructure funds undesirable

Posted on June 4, 2014 by Gene Tunny

The Queensland Budget released yesterday is a sound plan to reduce Queensland’s large State debt and to set us on a path to eventually reclaiming our AAA credit rating. My old friend and former Treasury colleague Joe Branigan has a … Continue reading →

Posted in Budget, Queensland Government | Tagged , , , , | 5 Comments

Comment on Nine News about desirability of asset sales in Qld Budget

Posted on June 1, 2014 by Gene Tunny

I was pleased to run into Katherine Feeney from Nine News on Boundary St, West End this afternoon. She was gauging community views on the upcoming Queensland Budget and I made a comment to her on the desirability of asset sales: … Continue reading →

Posted in Budget | Tagged , , , , | 7 Comments

7.30 Qld interview on asset sales

Posted on June 1, 2014 by Gene Tunny

Last week, Maria Hatzakis interviewed me for the Queensland edition of the 7.30 Report, which aired on Friday night: Privatisation push as power prices surge again In understanding why the sale of electricity assets is desirable, the Productivity Commission’s Electricity … Continue reading →

Posted in Budget, Energy, Queensland Government, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Qld Budget needs to reflect challenging conditions – asset sales good option to cut debt

Posted on May 29, 2014 by Gene Tunny

The March quarter private capital spending figures released today by the ABS confirm that Treasury was right to make conservative, sub-par growth forecasts in developing the Federal Budget. Queensland Treasury will have to do the same in the Queensland Budget, … Continue reading →

Posted in Budget, Macroeconomy, Mining | Tagged , , , , , , , , , , , , , , | Leave a comment

Senior public servants protected from job cuts

Posted on June 4, 2013 by Gene Tunny

During his interview of Treasurer Tim Nicholls on 7.30 Queensland tonight, Matt Wordsworth cited new Queensland public service data showing job cuts were borne by workers earning less than $100,000 per year, and the number of public servants earning more than … Continue reading →

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