Tag Archives: stampduty

South Brisbane & South Townsville top Qld in building approvals so far in 2017-18

In my last post, I considered the Queensland construction industry outlook. In today’s post, I take advantage of new data on building approvals at the small area level (ABS SA2 regions) for 2017-18 so far released by the ABS yesterday. … Continue reading

Posted in Brisbane, Housing, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , | 2 Comments

NSW winning fiscal State of Origin

My former Treasury colleague and old friend Joe Branigan, now at Cadence Economics and SMART Infrastructure Facility, was quick to tweet a State-of-Origin themed chart yesterday following the release of the NSW State Budget (see Joe’s chart below). As noted … Continue reading

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

Qld second biggest winner from GST redistribution

Queensland is the second biggest winner from the carve up of GST revenue that is dictated by the Commonwealth Grants Commission. In 2016-17, Queensland is to receive $2.1 billion more than we would if the GST revenue, which is collected … Continue reading

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

PC calls for partial inclusion of family home in pension means test

Last week, Treasurer Scott Morrison warned young Australians not to expect they can rely on the age pension in the future. This was good advice, because the budgetary pressures facing the Commonwealth Government, emphasised again this week in grim forecasts … Continue reading

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

Brisbane ABC radio interview on raising the GST

I had a good chat this morning with Terri Begley on 612 ABC Brisbane regarding proposals to raise more revenue from the GST: What raising the GST actually means I noted that raising the GST and cutting more inefficient taxes … Continue reading

Posted in Tax | Tagged , , , , , , , , , , , , , | 6 Comments

Townsville ABC radio interview on GST

The GST debate continues, with much attention focused on the regressive nature of the GST. That is, because poorer households typically consume higher fractions of their incomes than richer households, they pay proportionally more of their incomes in GST. Hence … Continue reading

Posted in Tax | Tagged , , , , , , , , | 1 Comment

Stamp duty has to go – time to consider greater reliance on land tax & GST

It is lamentable that our State Governments are so reliant on a source of revenue, stamp duty, that is very costly to the economy and has no defenders outside of State Treasuries who would greatly miss the money if it … Continue reading

Posted in Housing, Tax | Tagged , , , , , , , , | 6 Comments