Tag Archives: royalties

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

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

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

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

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

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

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

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Qld Treasury was right to be cautious on coal royalties windfall

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

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

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

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