Tag Archives: qldtreasury

Residential dwelling investment crucial to re-balancing of Qld economy

Posted on May 24, 2015 by Gene Tunny

Queensland Treasury’s latest set of State Accounts, which have created so much controversy (see my previous post on Qld’s technical recession), show just how extraordinary the private sector investment boom was in Queensland, with investment increasing as a share of … Continue reading →

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

More on Qld’s late-2014 technical recession – Treasury should get out there and defend its figures

Posted on May 23, 2015 by Gene Tunny

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). It’s regrettable that the integrity of the Queensland Treasury has been questioned in the … Continue reading →

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

Qld experiences technical recession as investment falls from elevated levels – no need to panic yet, though

Posted on May 21, 2015 by Gene Tunny

Watching the ABC News tonight, I had to laugh when ABC State Political Reporter Chris O’Brien prefaced opinions given by Nick Behrens from CCIQ and me on whether Queensland is in recession with that classic journalistic device “Opinions differ…” Well … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , | 6 Comments

Qld coal exports decline of 5.5% big contributor to total exports decline

Posted on April 7, 2015 by Gene Tunny

Lower coal prices have translated into a decline in the value of Queensland’s coal exports (by 5.5% in the year to February 2015), contributing to a 1.6% decline in the value of Queensland’s total commodity exports over the same period … Continue reading →

Posted in Mining | Tagged , , , , , | 4 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

Queensland Treasury’s forecasting record on royalties

Posted on March 18, 2015 by Gene Tunny

I’ve written before about the big fiscal challenges facing the Queensland Government, and about how concerning it is that the Queensland Treasury is now as reliant as it is on volatile revenues such as royalties (see Qld Govt increasingly dependent … Continue reading →

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

Great news about Abbot Point expansion given need for royalties and boost to mining & Qld economy

Posted on March 12, 2015 by Gene Tunny

I was very pleased to see the announcement about the Abbot Point expansion going ahead yesterday, given the boost it will provide to Queensland’s ailing mining industry (see chart below), royalties revenue for the Government, and the Queensland economy. North … Continue reading →

Posted in Mining | Tagged , , , , , , , | 7 Comments

Qld Govt faces big budgetary challenges from unreliable revenues and soaring health costs

Posted on March 10, 2015 by Gene Tunny

In yesterday’s post I noted that the Queensland Government has become increasingly reliant on volatile royalties revenue, and that its major revenue sources of Commonwealth grants and taxation revenue have been growing significantly slower than expenses in recent years. I … Continue reading →

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

Unemployment much higher in North Qld, Wide Bay, Ipswich and outer Brisbane metro area

Posted on February 20, 2015 by Gene Tunny

The regional dimension to Queensland unemployment is readily apparent from the following unemployment rate maps I’ve produced based on Queensland Treasury’s handy information brief on regional unemployment. Here’s the map for the whole State: My old home town of Townsville … Continue reading →

Posted in Labour market | Tagged , , , , , , , , , | 7 Comments

Remarkable cost-cutting performance from Queensland Government

Posted on January 4, 2015 by Gene Tunny

Average input costs for Queensland Government activities appear to have declined by up to 5 per cent since mid-2012, based on State Accounts data from Queensland Treasury, assuming State Government activity mostly drives the State and local general government consumption … Continue reading →

Posted in Budget | Tagged , , , , , , | 6 Comments