The Olympic business model means that host cities invariably lose out. Brisbane will need a heroic effort to avoid that fate.
Other state governments should not copy this misguided tax, which will stymie development and push up house prices.
The private part of the partnership buys the rights to the system for 24 years for $1.5 Bn, and then allows Queensland Rail to use it for a payment over the same period of $2.4 Bn, plus another $2.4 Bn for maintenance.
The Australian Institute for Progress has unleashed a billboard campaign calling on the ALP to unveil its plan for economic recovery.
In the last federal election Labor lost in large part because of their proposed taxes on negative gearing and dividends. This proposal is even more unjust.
Modelling by the Australian Institute for Progress shows that homeowning Australians have a financial buffer in the equity in their house that they can safely use to tide over the short-term interruption caused by COVID-19.
It is now 5.83% cheaper for the average Australian to repay an average housing loan than it was in 1994, but it takes the average Australian 65% longer to save the deposit.
Trevor St Baker examined the role of government and entrepreneurs working together, drawing on his own experience of over 60 years in the electricity sector.
Bill Shorten claims that corporate profits are rising much faster than wages. Not only is this not true, but it is an outrageous cherry-pick.
Manufacturing appears to be missing from this federal election, with the two major parties brawling over issues of pay and tax, but what is the use of either if you're out of a job?