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IndyWatch Queensland News Feed was generated at Brisbane QLD IndyWatch.

Sunday, 12 November

11:24

I am the mother the Australian Government would rather forget "GroovUs Feed Anews"

How do you follow a start to an article that says the following? From the Sydney Morning Herald comes this paragraph: I am the mother that the Australian government would rather forget. My daughter Mia was killed in a stabbing attack almost a year ago in a backpacker hostel in far north Queensland, while she []

09:54

Qld Greens policies would increase State Govt spending by $8-9BN p.a. "GroovUs Feed Anews"

Queenslands Deputy Premier Jackie Trad is under threat of losing her seat of South Brisbane to the Greens candidate Amy MacMahon, who is benefiting politically from a range of utopian policies disconnected from economic reality (see Fridays Courier-Mail on the political situation in South Brisbane). I first heard about the Greens proposed $1 public transport fares policy while waiting in the green room of ABC Studios at the same time Ms MacMahon was on air discussing the policy with Steve Austin, who would interview me later that morning. Obviously this would be a very costly policy and one without economic merit, especially given the large subsidies already provided to public transport by the Queensland Government. But the $1 public transport fares policy would represent just a fraction of the total cost that Greens policies would impose on Queensland taxpayers.

Based on my interpretation of the policies currently presented, Greens policies could increase total annual Queensland Government expenditure by an incredible $8-9 billion or 13-14% (see chart below). Of course, this is unlikely to ever happen, given the Greens couldnt possibly win government in their own right, but it is interesting to consider what a Greens budget would look like.

...

00:31

MACKAY Hospital calls police over toddlers injuries "IndyWatch Feed National"

MACKAY November 10, 2017 at 07:56PM ,

Hospital calls police over toddlers injuries

November 10, 2017 at 07:56PM ,

A CHILD was allegedly tortured and sexually assaulted and left in a critical condition after police say she was set upon by her mothers boyfriend in a

https://www.google.com/url?rct=j&sa=t&url=https://www.dailymercury.com.au/news/redlands-hospital-staff-call-police-over-toddlers-/3262663/&ct=ga&cd=CAIyGjg1ZTRkOWE5ZWUwN2Q0NWQ6Y29tOmVuOlVT&usg=AFQjCNEmJj1FkTcfVvzLRqE3e-Y5g1gFfw

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Filed under: Uncategorized

Saturday, 11 November

23:19

Queensland State Election 2017: Week 2 review from Joe Branigan "GroovUs Feed Anews"

I am again very grateful for Joe Branigans review of the previous week in the Queensland election. The views expressed in the guest post are Joes, and they should not necessarily be attributed to me. GT

Winner must target the fiscal balance, buy global and avoid mega-projects Week 2 Queensland election highlights from Joe Branigan

There was Tim Nicholls hurtling down the Movie World rollercoaster at terminal velocity coincidentally a speed soon to be seen on the M1 thanks to the political battle being fought from Logan to the NSW border. And there was the One Nation candidate cornered by a junior Channel 7 reporter and his quest for a stunning scoop. But the image of the week was surely Pauline and the Battlers Bus broken down on the Bruce Highway barely out of Rocky.

Beneath the bluster and non-verbal communication stunts so vital to election campaigns in a place where life is long and concentration spans are short, there are a number of important policy issues that will affect whether or not the good times continue to roll on.

The first and most important is that we need to live within our means, and that means targeting the fiscal balance not the net operating balance. The difference between the two measures is that the fiscal balance includes net infrastructure investment but the net operating balance does not. It is a public finance accounting identity that if you have a fiscal deficit your debt is rising, even if you have a net operating surplus.

My colleague John Quiggin made this point last week*, although I think he overstated what that would mean for LNP spending policies, in part because he has assumed that the LNPs M1 duplication policy (and therefore its cost) is the same as Labors when it is not: LNPs $500 million 4-lane arterial versus Labors $2.5 billion 6-lane highway. Based on work Ive previously done for the Queensland Government (with my SMART Infrastructure Facility hat on), my Saturday night back of the envelope calculation for the LNPs M1 duplication (based on the SEQ Council of Mayors specifications) is [36.5 km * $14.7 million per km =] $536.6 million. However, the per km cost might be lower in the post mining boom economy, as the cost of engineering, design and construction services have fallen relative to the mining boom data set I used to produce a median cost of $14.7 million per km. Therefore, I dont think the $500 million LNP estimate is unreasonable.

In any case (back to Quiggins point), a man is innocent until proven guilty, so lets see what the LNP costings say (yes, released way too late).

Labor have convinced themselves that targeting a net operating surplus is ok and they have demonstrated that commitment by bequeathing to the LNP (if it wins government) what can only be described as a kale an...

16:43

Wheres the money coming from? "GroovUs Feed Anews"

In the Courier-Mail, Stephen Wardill responds to my observation that LNPs campaign promises dont add up, and must imply large unnannounced cuts to services, by suggesting that they may instead imply large unnannounced cuts in infrastructure, specifically the Cross-River rail tunnel project. There is a simple way to resolve this: the LNP could say where they plan to cut, and by how much. This idea doesnt seem to have occurred to Wardill however.

Its also easy to check that cutting the Cross-River project will go nowhere near filling the gap in the LNPs promises. The commitment in the last budget was $2 billion, and the total (assuming no Commonwealth funding) is about $5.4 billion over 7 years, with a target completion date of 2024. Scrapping the current budget allocation of $2 billion would barely be enough to pay for the reintroduced Royalties for Regions program, let alone the many other ideas that have been floated. And none of that goes anywhere near achieving the promise of a surplus on fiscal balance.

So, as Robert Menzies famously asked, Wheres the money coming from?

Wardill does make one fair point: the practice of providing costings at the last possible moment is not new and was done by Labor last time around. As with compulsory preferential voting, this is a piece of cleverness that has come back to bite them. Indeed, looking at this article on Labors costings release, the symmetry is amusing, and goes both ways.

From the LNP

At the last gasp, at almost the very last day of an election campaign they produce a three-page document that doesnt add up, Mr Nicholls said

And from Labor, a promise to this article on Labors costings release>cut government advertising expenditure, just as Nicholls is doing today. As I said in my previous post

As for government advertising, not only are the sums involved relatively modest, but this is a promise routinely made and broken by Opposition parties in just about every election. Nicholls may not like government advertising when Labor does it, but, in office, he was happy to spend $70 million on the Strong Choices asset sales campaign.

13:42

MACKAY Court case puts bullying in schools under the spotlight "IndyWatch Feed National"

MACKAY November 10, 2017 at 08:30PM ,

Court case puts bullying in schools under the spotlight

November 10, 2017 at 08:30PM ,

A MOTHER has been found guilty of threatening to produce a gun while trying to protect her daughter from bullying at a Mackay high school. However

https://www.google.com/url?rct=j&sa=t&url=https://www.dailymercury.com.au/news/court-case-puts-bullying-in-schools-under-the-spot/3262550/&ct=ga&cd=CAIyGjg1ZTRkOWE5ZWUwN2Q0NWQ6Y29tOmVuOlVT&usg=AFQjCNEIw-vA_mIXjfd1igv_c7qI16wVAw

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Filed under: Uncategorized

IndyWatch Queensland News Feed Archiver

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