« Back to Publications

Queensland reducing debt without austerity

Fabrizio Carmignani comments on the Queensland budget  (The Conversation 15.7.15), concluding:

‘On paper, this is a remarkable result, achieving the debt reduction without any form of austerity. In fact, the budget also contains some significant measures on the expenditure side to support health, education and innovation, and infrastructure development.

‘The fear of being seen as a “high-spender” has somewhat limited the government’s ability and willingness to provide a stronger demand stimulus. But overall this budget strikes a reasonable compromise between the need to support the recovery and the pressure to reduce debt.

‘And perhaps, in these economic conditions, we could have not asked for more from a debutante government. 

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.