Tag Archives: stampduty

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

ACCC right to call for Qld Gov’t to cut stamp duty on home insurance – $200 in stamp duty on each NQ home insurance policy on average

Posted on January 4, 2021 by Gene Tunny

The ACCC’s Final Report on its Northern Australia Insurance Inquiry has been released at last and, among other things, it rightly reiterates a recommendation made in previous reports to (on p. xxiii): Abolish stamp duty on home, contents and strata … Continue reading →

Posted in Townsville | Tagged , , , , , , , | 4 Comments

Stamp duty to land tax switch has long been argued for by economists

Posted on November 17, 2020 by Gene Tunny

It’s good to see the NSW Government considering a switch from stamp duty on property transactions to a broader land tax, at least for future transactions where it’s possible people could be offered a choice of either an up-front payment … Continue reading →

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Chat with CCIQ’s Jack Baxter on collapse in business conditions & confidence

Posted on May 18, 2020 by Gene Tunny

I spoke with CCIQ Economic and Policy Advisor Jack Baxter earlier today regarding the corona-crisis-induced collapse in business conditions and confidence reported in the March quarter Suncorp-CCIQ Pulse Survey report. Business conditions and confidence are at their worst levels in … Continue reading →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Qld Budget interviews with ABC’s Steve Austin & 4BC’s Ross Greenwood

Posted on June 11, 2019 by Gene Tunny

While chatting with 612 ABC Brisbane’s Steve Austin and fellow interviewee Nick Behrens this afternoon, I almost chuckled when Steve asked me whether this Queensland state budget, in which total debt is projected to head toward $90 billion by 2022-23, … Continue reading →

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

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

Housing industry round table with Treasurer Frydenberg at Parliament House on Monday 18/2/19

Posted on February 19, 2019 by Gene Tunny

I felt honoured to attend a housing industry round table with federal Treasurer Josh Frydenberg and Assistant Treasurer Zed Seselja at Parliament House in Canberra on Monday 18 February 2019. Prime Minister Scott Morrison opened the round table but had … Continue reading →

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , , | 2 Comments

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

Posted on April 12, 2018 by Gene Tunny

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

Posted on June 21, 2017 by Gene Tunny

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

Posted on April 11, 2016 by Gene Tunny

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