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Then NSW treasurer and now Premier Mike Baird, shaking hands in 2013 to mark the handover of Port Botany under a 99-year lease – the same period as has been proposed to lease state electricity assets to private operators. Dan Himbrechts/AAP

NSW can pay for the infrastructure it needs without privatisation

Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.
Not at loggerheads: jobs and the environment can coexist in Queensland’s north. Willem van Aken/CSIRO/Wikimedia Commons

Jobs versus the environment: the debate Queensland can end

Do politicians really have to choose between being pro-development or pro-environment? No, says Allan Dale, and Queensland's new government has the chance to prove it.
It’s not all blue skies ahead for the Sunshine State’s economy, with declining gross domestic income per capita and higher unemployment than three years ago. Dan Peled/AAP

Queensland’s biggest economic challenge isn’t debt – it’s growth

Queensland has a new Labor minority government, led by Annastacia Palaszczuk, after the shock defeat of the Liberal National Party. Labor’s pre-election promises were “modest”, leaving many now wondering…
Oil prices have dropped to levels not seen in years. It’s not all good news. Reuters

Oil price drop offers short-term gains but long-term pains

The recent drop in crude oil and gasoline prices in the United States is a nice stocking stuffer for consumers this holiday season, but it could turn into a lump of coal. A global oil glut has caused the…
Ready for the hard sell? Hannah McKay/PA Wire

Autumn Statement: the experts respond

The chancellor of the exchequer, George Osborne, has delivered the financial package he hopes will convince voters to deliver a Conservative majority in May 2015. Here, our team of academic experts responds…
The People’s Bank of China recently cut interest rates to stimulate the economy. But it probably won’t fix the real problem. Reuters

China’s interest rate cut is mixed blessing for the world economy

China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy…

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