Tag Archives: queensland

QRC right about problem with royalties – does it now support a resource rent tax?

Posted on February 9, 2016 by Gene Tunny

The new State of the Sector report from the Queensland Resources Council confirms the struggling position of the mining sector, and it must have the Queensland Treasury considering further royalties revenue write downs. It also makes me wonder whether the … Continue reading →

Posted in Mining, Uncategorized | Tagged , , , , , | 6 Comments

Should Qld taxi plate owners be compensated for the recent disruption to the taxi industry?

Posted on February 1, 2016 by Gene Tunny

Guest post by Rod Bogaards* Recent announcements by the NSW and WA Governments to legalise ride sharing service UberX have also included proposals for ‘adjustment assistance’ for taxi plate owners. Taxi plate owners are understandably concerned over the loss of … Continue reading →

Posted in Transport, Uncategorized | Tagged , , , , , , , , | 8 Comments

Qld Renewable Energy Taskforce asked to achieve impossible 50% target

Posted on January 28, 2016 by Gene Tunny

Queensland’s Energy Minister Mark Bailey yesterday announced in a media release that “A formidable team of business, energy, and environmental experts will lead the public inquiry into establishing Queensland’s 50% renewable energy target by 2030.” Being led by a former … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , | 7 Comments

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

Economic pain continues for Townsville

Posted on January 19, 2016 by Gene Tunny

With the nickel refinery at Yabulu outside Townsville now in administration, following the sacking of hundreds of workers last week, Townsville residents are right to be very concerned about the economic impact of a possible refinery shutdown, and the loss … Continue reading →

Posted in Labour market, Townsville, Uncategorized | Tagged , , , , , | 5 Comments

Penalty rates reform should be considered as way to reduce youth unemployment

Posted on January 15, 2016 by Gene Tunny

New labour force data from the ABS yesterday showed that Queensland ended 2015 with solid employment growth, and with the unemployment rate falling slightly further to 5.8 per cent, as the Queensland economy remains resilient at the end of the … Continue reading →

Posted in Labour market, Uncategorized | Tagged , , , , , , , , , , , | 11 Comments

Unit approvals plummet in rest of Aus. with Qld likely to follow

Posted on January 8, 2016 by Gene Tunny

The Brisbane Times reported the other day that Brisbane renters were being offered inducements such as iPads, suggesting that supply growth has got ahead of demand growth in Brisbane recently. This should reduce the enthusiasm of investors for the Brisbane … Continue reading →

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

How the Qld economy performed over 2015

Posted on December 31, 2015 by Gene Tunny

In 2015, the Queensland economy proved itself resilient to the end of the mining boom, and recovered from the apparent downturn, a so-called technical recession, at the end of 2014. Even though the economy is proving resilient, growth is at … Continue reading →

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

Qld currency was model for Australian currency

Posted on December 20, 2015 by Gene Tunny

Last month, former UQ Economics lecturer Dr Jon Stanford published a very interesting paper in the Queensland History Journal titled Queensland’s Own Money, 1893-1910: Model for the Australian Note Issue (paywalled unfortunately). Jon discusses the financial crisis of the early … Continue reading →

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