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Recent Posts
- Most host cities lose money on the Olympics – SEQ Olympics needs to be delivered cost-effectively
- Interest rates and inflation with Michael Knox, Chief Economist of Morgans
- ABC radio story on Hollywood blockbusters crowding out local productions featuring David Williamson and me
- ‘Hollywood Australia’ supported by generous tax credits and other government subsidies
- Post-JobKeeper viability a concern of many Qld businesses
Top Posts & Pages
- Most host cities lose money on the Olympics - SEQ Olympics needs to be delivered cost-effectively
- SEQ should note growing realisation the Olympics is a waste of money
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Top twenty largest cities and towns in Queensland by population
- Is North Qld under-funded by the State Government relative to the South East?
- Great Reset podcast chat with Darren Brady Nelson
- Surveillance Capitalism with Darren Brady Nelson - latest Economics Explained episode
- The Gig Economy - Economics Explained episode with Darren Brady Nelson
- Qld Premier deserves some criticism, but she's right to highlight needs of struggling tourism-dependent businesses
- Fiscal Stimulus with Fabrizio Carmignani - my latest Economics Explored podcast episode
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Blogroll
Tag Archives: roads
Second GC motorway should have been built decades ago – BODBTN extract
It was good to see in a media statement yesterday the state government’s commitment to a second M1: The Palaszczuk Government’s economic recovery plan will be significantly boosted with a $755 million commitment to build the 16-kilometre stage one of … Continue reading
Posted in Brisbane, Gold Coast, Infrastructure, Transport
Tagged brisbane, gc, goldcoast, highway, infrastructure, m1, qld, queensland, roads, transport
2 Comments
Unfreezing discount rates with Marion Terrill from Grattan – latest podcast episode
Building Queensland and Infrastructure Australia require the use of a 7% discount rate in cost-benefit analyses of public infrastructure projects, but is a 7% discount rate applied to the future benefits of public infrastructure projects too high? Marion Terrill of … Continue reading
Quiggin calls for economically sensible road charges in outstanding Colin Clark Lecture
UQ’s Professor John Quiggin was only called upon Wednesday to fill in for an ill Richard Holden at the annual Colin Clark Lecture at Brisbane’s old Customs House yesterday morning, but nonetheless he managed to deliver an outstanding presentation titled: … Continue reading
Posted in Transport, Uncategorized
Tagged brisbane, congestion, congestioncharging, congestionpricing, customshouse, externality, roadpricing, roads, uq, uqeconomics
2 Comments
Terminating KSD contract probably provides a better return for ratepayers than proceeding
Jim Binney returns to the topic of the controversial $650 million Kingsford Smith Drive upgrade in a new guest post. From an economic point of view, avoiding costs is akin to a benefit. In fact this is the logic that … Continue reading
Posted in Brisbane, Transport, Uncategorized
Tagged benefitcostratio, brisbane, cba, costbenefitanlaysis, kingsfordsmithdrive, ksd, roads, roadupgrade
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What does the sensitivity analysis for KSD upgrade show?
Governments and local councils would be much better off making business cases for public projects such as the $650 million Kingsford Smith Drive upgrade public before they commit to them, so they are tested by the critics and the politicians … Continue reading
Posted in Transport, Uncategorized
Tagged bcr, benefitcostratio, brisbane, cba, ksd, roads, sensitivityanalysis, transport
4 Comments
Productivity Commission re-litigates road pricing reform
In situations where demand exceeds supply, a good or service can either be rationed by queuing or rationed by price. Economic theory is clear that it is most efficient to ration by price, as the good or service goes to … Continue reading
Posted in Transport
Tagged airportlink, clem7, congestion, congestioncharges, congestionpricing, infrastucture, pc, ppp, productivitycommission, roadpricing, roads, supplyanddemand
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Weekend reading – 15-16 March
The Productivity Commission’s monster of a report on Public Infrastructure, which (rightly) recommends congestion pricing on roads, is worth reading, particularly because of the excellent Chapter 14 in Volume 2 on Social and Economic Regulation. On the costs to business … Continue reading
Posted in Uncategorized
Tagged cciq, education, grattan, infrastructure, interstatemigration, migration, population, qldtreasury, redtape, regulation, roads, teachers, teaching, treasury
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