Tag Archives: qldtreasury

White Elephant Stampede – podcast chat w/ Scott Prasser

Posted on October 15, 2022 by Gene Tunny

Queensland has had more than its fair share of white elephant projects, including the Toowooomba Wellcamp quarantine facility and the Gold Coast desalination plant. The economics and politics of white elephants are considered in a new book from Connor Court … Continue reading →

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Qld Gross State Product was up 22% in dollar terms in 2021-22

Posted on July 5, 2022 by Gene Tunny

Hidden in a note to its economic forecasts table in the state budget was the extraordinary estimate from Queensland Treasury that, in nominal dollar terms, the state economy expanded 22% last financial year, 2021-22 (see the chart below based on … Continue reading →

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Qld state budget: thanks for the billions coal miners, now pay us even more

Posted on June 21, 2022 by Gene Tunny

As I’ve been forecasting for months now, the Queensland state budget is in much better shape than the state Treasury forecast back in December. Higher royalties, stamp duty, and other taxes helped deliver a $1.9 billion operating surplus in 2021-22 … Continue reading →

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Qld Treasurer gives a master class in budget shenanigans

Posted on June 15, 2021 by Gene Tunny

Queensland Treasurer Cameron Dick has soared to previously unattained heights of state budget creative accounting, and I must admit I’m rather impressed by the cleverness of it all, while at the same time being appalled the Treasury would let him … Continue reading →

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QPC paper shows state gov’t not doing enough to cut red tape (or prevent its application in the first place)

Posted on March 9, 2021 by Gene Tunny

Last September, Queensland Treasurer Cameron Dick announced the Queensland Productivity Commission would be rolled into state Treasury, but that doesn’t appear to have happened yet, and before it does the QPC is doing its best to subtly critique the state … Continue reading →

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My takeaways from QAO Energy Report: Qld Gov’t should have offloaded energy assets years ago and NEM is dysfunctional

Posted on February 5, 2021 by Gene Tunny

The Queensland Audit Office’s Energy 2020 Financial Report has been making news (e.g. in the Brisbane Times), although not for the same reasons I think it’s important. It demonstrates, to me at least, that Queenslanders are worse off because the … Continue reading →

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

Bulk of coal mining jobs in Central Qld, but Brisbane has 2-3K

Posted on December 27, 2020 by Gene Tunny

Last Wednesday, I was pleased to note that the Chinese ban on Australian thermal coal appears to have had little impact so far (check out Pick up in thermal coal prices over last month). This is good news especially for … Continue reading →

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Special deals can be bad deals for Government – my comments in today’s Courier-Mail re. Maryborough trains contract

Posted on December 7, 2020 by Gene Tunny

The Queensland Government is facing big questions over the closeness of two prominent lobbyists to the highest levels of government in the state (e.g. see this Brisbane Times report). I don’t necessarily have a problem with lobbyists, so long as: … Continue reading →

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My Courier-Mail comments on Qld Economic Recovery Plan and lack of Budget transparency

Posted on October 17, 2020 by Gene Tunny

Yesterday afternoon I spoke with Courier-Mail journalist Michael Wray about the depressing nature of the state election campaign, which is being held without a full set of budget forward estimates having been published by the Queensland Government. I’m grateful to … Continue reading →

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Qld Treasurer trying to have it both ways on budget outlook

Posted on October 15, 2020 by Gene Tunny

Queensland Treasurer Cameron Dick is trying to have it both ways regarding Queensland’s budget outlook. He is arguing the Opposition’s target of a budget surplus by 2023-24 is unattainable, but he has previously argued the budget outlook is so uncertain … Continue reading →

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