Tag Archives: royalties

My top ten posts of the 2010s

Posted on December 31, 2019 by

Since I started Queensland Economy Watch in June 2010, I’ve attempted to cover the changing fortunes of the Queensland economy and state budget as accurately and objectively as possible. It’s been a great experience. I’ve learned a lot and met … Continue reading →

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Trad’s Cross River Rail & state budget plans wrecked by Coalition victory

Posted on May 19, 2019 by

Queensland Deputy Premier and Treasurer Jackie Trad and her senior Treasury officials will be vexed by the implications of the shock federal Coalition victory yesterday for Cross River Rail funding and the state budget. I expect Trad and state Treasury … Continue reading →

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

My comments on NQ exit in ABC online story

Posted on September 23, 2018 by

Thanks to ABC state political reporter Josh Bavas for asking my opinion on the new state of North Queensland that has been proposed from time-to-time, most recently by Katter’s Australian Party and Queensland Senator Matt Canavan, Minister for Resources and … Continue reading →

Posted in Cairns, North Queensland, Townsville, Uncategorized | Tagged , , , , , , | 2 Comments

Infeasible for Qld Greens to pay for extravagant promises by only taxing property developers & big corporations

Posted on November 23, 2017 by

The Brisbane Times is reporting Queensland Greens, swelled by the newly enrolled, plan on ‘doing a Northcote’, and it appears that the Palaszczuk Government’s star performer, Deputy Premier Jackie Trad, remains at risk of losing her seat of South Brisbane … Continue reading →

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Qld’s real gross state income surged in 2016-17 as coal prices recovered strongly

Posted on November 17, 2017 by

According to ABS State Accounts data released today, Queensland’s real gross state income surged 7.5% in 2016-17, the highest growth rate among States and Territories, owing to the strong recovery in coal prices during that financial year (see chart below).* … Continue reading →

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Open data workshop at the Queensland Startup Precinct in TC Beirne Building

Posted on June 17, 2017 by

In the 2017-18 Queensland Budget handed down last Tuesday, among a large number of measures is the “Open data policy and action plan”, to which the Government is allocating just over $1 million over two financial years (see Budget Paper … Continue reading →

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On mega mine, Qld Government should avoid taking equity risk for just a return on debt

Posted on May 26, 2017 by

Financial journalist Trevor Sykes would frequently point out that the problem with lending to highly-leveraged companies is that you can effectively take on equity risk while only receiving a return on debt. The Queensland Government needs to avoid this risk … Continue reading →

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

Pros and cons of a $300M royalties holiday for the Adani mega mine

Posted on May 23, 2017 by

The acrimonious political debate on the proposed Adani mega mine (see Brisbane Times coverage) would be well informed by a number of economic policy considerations that I discuss below. Some of these, but not all, would lend support to a … Continue reading →

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

Qld Treasury was right to be cautious on coal royalties windfall

Posted on January 9, 2017 by

Queensland Treasury was right not to get too excited about the currently elevated coal prices and the surge in royalties when it updated its budget protections (chart below) last month.  As reported in today’s Australian, a report from the Chief … Continue reading →

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

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

Posted on February 9, 2016 by

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