This is an important book as it chronicles the fiscal deterioration of Queensland?s public finances, from a position of unquestioned strength to one of disturbing weakness. It provides some unique insights into public administration in Queensland stretching back over almost 40 years. There are some clear messages in this book as to why we should be concerned about Queensland?s mounting debt burden ? messages that we ignore at the peril of future generations who face the prospect of a lower standard of living as a result of the fiscal profligacy of recent times. -- Mark Gray, Under Treasurer of Queensland from 2013 to 2015