Monday, September 10, 2012

Qld forecasts $10.768b budget deficit

From the blog Daily Ticker: Follow The Daily Ticker on Facebook! Mitt Romney told voters this weekend that his tax reform proposal — which has come under attack in recent weeks — would not lower taxes for the nation'sFrom the blog Breakout: According to this morning's report from the Bureau of Labor Statistics, the unemployment rate for August fell to 8.1% compared to 8.3% in July. If you like your news positive and grossly oversimplifiedFrom the blog Breakout: According to this morning's report from the Bureau of Labor Statistics, the unemployment rate for August fell to 8.1% compared to 8.3% in July. If you like your news positive and grossly oversimplifiedThe Queensland government has forecast a $10.768 billion deficit for this financial year and picked a fight with Canberra over mining royalties. Treasurer Tim Nicholls has handed down his inaugural budget, forecasting a return to surplus in 2014/15. HeFears of the mining boom's end gained further strength after 900 coal mining jobs were slashed by global giants BHP Billiton and Xstrata's Australian operations. At least half of the job losses are expected to hit Queensland's coking coal industry
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