Tag Archives: vfi

Premier’s 2016 Lodge dinner remark to Turnbull highlighted Vertical Fiscal Imbalance problem

I started reading Malcolm Turnbull’s autobiography A Bigger Picture on the weekend, and it’s much better than I expected, with lots of interesting revelations and insights into the last couple of decades of Australian politics. One of my favourites is … Continue reading

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

Higher long-term unemployment a marker of Qld’s under-performance relative to rest of Australia

In its 2019-20 Mid-Year Fiscal and Economic Review released in mid-December, the Queensland Government revised down the state economic outlook, with economic growth revised to 2.5%, down from 3%, and the unemployment rate revised upwards to 6.25% from 6% for … Continue reading

Posted in Labour market, Uncategorized | Tagged , , , , , , , , , , | 3 Comments

Qld-Commonwealth argy bargy over dam funding & vertical fiscal imbalance

The argy bargy over dam funding between the federal and state government reported by the Courier-Mail (State accuses feds of holding out on dam money) earlier this week is yet another illustration of a big problem in our federation: vertical … Continue reading

Posted in Agriculture, Tax, Uncategorized, Water | Tagged , , , , , , , | Leave a comment

ABC radio interview on population growth & State income tax proposal

I had an enjoyable chat with Steve Austin on 612 ABC Brisbane radio this morning regarding two topics, Queensland’s underwhelming population growth rate and the State income tax proposal from the Commonwealth Government: Fewer people moving interstate to Queensland The … Continue reading

Posted in Migration, Population, Uncategorized | Tagged , , , , , , , , , , , , , , | 10 Comments

Medicare levy hike would not address major problem of vertical fiscal imbalance

The Daily Telegraph today reports some new modelling on the proposed Medicare levy hike undertaken by my old friend and former Queensland resident Ben Phillips, now Principal Research Fellow at NATSEM: Medicare: Levy hike would cost families $2000 a year … Continue reading

Posted in Tax | Tagged , , , , , , , , | 2 Comments

Could the Commonwealth Treasury please send me my $5,000, rather than sending it to George St?

Queensland Treasury has produced an absolutely cracking set of post-Budget presentation slides, which it has kindly shared with the Economic Society of Australia (QLD), of which I’m the Secretary. The slide deck contains some excellent facts and charts on vertical … Continue reading

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