Tag Archives: royalties

Qld’s bolshie budget – my latest thoughts

Posted on June 22, 2022 by Gene Tunny

Reading the Courier-Mail’s latest state budget reporting, quoting Cameron Dick as a self-proclaimed Robin Hood Treasurer, it’s clear the state government no longer gives a damn what business thinks. It’s gone full-on economic populist with its royalties hike ($1.2bn over … Continue reading →

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Qld state budget: thanks for the billions coal miners, now pay us even more

Posted on June 21, 2022 by Gene Tunny

As I’ve been forecasting for months now, the Queensland state budget is in much better shape than the state Treasury forecast back in December. Higher royalties, stamp duty, and other taxes helped deliver a $1.9 billion operating surplus in 2021-22 … Continue reading →

Posted in Budget, Macroeconomy | Tagged , , , , , , , , | 3 Comments

Super high coal prices will boost royalties and slow the increase in Qld state debt

Posted on September 22, 2021 by Gene Tunny

Back in early August I observed that higher coal prices were helping the Qld economy and state budget in this time of rolling lockdowns. Amazingly, the all important metallurgical or coking coal price has surged even higher since then. There … Continue reading →

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

PM puts China’s Aussie thermal coal ban in perspective, but $100M+ annual loss to Qld state budget possible

Posted on December 15, 2020 by Gene Tunny

Prime Minister Scott Morrison did a good job yesterday at putting China’s reported ban on Australian thermal coal into perspective, pointing out Japan is our largest customer for thermal coal, and it takes twice the amount of thermal coal as … Continue reading →

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

NQ State feasibility should be explored in lead up to Katter-proposed referendum

Posted on October 27, 2020 by Gene Tunny

I’m pleased that Katter’s Australian Party (KAP) leader Robbie Katter will push for a referendum on North Queensland statehood in the first half of 2021, as reported on news.com.au. It appears there is widespread disappointment in the North with the … Continue reading →

Posted in North Queensland | Tagged , , , , , , , , , , , | 2 Comments

Yes to a North Qld State podcast

Posted on July 31, 2020 by Gene Tunny

Bill Bates and David Young from the Boot Brisbane group have started a new live-streamed podcast on creating a new state of North Queensland. Guests so far have included former Queensland Speaker John Mickel and federal MP Ewen Jones, and … Continue reading →

Posted in North Queensland | Tagged , , , , , , , , , | 3 Comments

My top ten posts of the 2010s

Posted on December 31, 2019 by Gene Tunny

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 Gene Tunny

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 Gene Tunny

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 Gene Tunny

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 →

Posted in Uncategorized | Tagged , , , , , , , , , | 16 Comments