TAILIEUCHUNG - Land Protection (Pest and Stock Route Management) Act 2002

The analysis that follows produces some fairly striking results. To begin with, I document the strong negative correlation between price-earnings ratios and expected (as well as actual) inflation. This relationship is shown to be robust to corrections for the distortionary effects of inflation on accounting earnings. Under the present value model, this negative correlation has the following implication: A rise in expected inflation must be associated with either (i) a decline in expected long-run real earnings or (ii) a rise in the long-run real return investors require on stocks, or both | Queensland Land Protection Pest and Stock Route Management Act 2002 Reprinted as in force on 1 July 2010 Reprint No. 3E This reprint is prepared by the Office of the Queensland Parliamentary Counsel Warning This reprint is not an authorised copy Information about this reprint This Act is reprinted as at 1 July 2010. The reprint shows the law as amended by all amendments that commenced on or before that day Reprints Act 1992 s 5 c . The reprint includes a reference to the law by which each amendment was made see list of legislation and list of annotations in endnotes. Also see list of legislation for any uncommenced amendments. This page is specific to this reprint. See previous reprints for information about earlier changes made under the Reprints Act 1992. A table of reprints is included in the endnotes. Also see endnotes for information about when provisions commenced editorial changes made in earlier reprints. Spelling The spelling of certain words or phrases may be inconsistent in this reprint or with other reprints because of changes made in various editions of the Macquarie Dictionary for example in the dictionary lodgement has replaced lodgment . Variations of spelling will be updated in the next authorised reprint. Dates shown on reprints Reprints dated at last amendment All reprints produced on or after 1 July 2002 authorised that is hard copy and unauthorised that is electronic are dated as at the last date of amendment. Previously reprints were dated as at the date of publication. If an authorised reprint is dated earlier than an unauthorised version published before 1 July 2002 it means the legislation was not further amended and the reprint date is the commencement of the last amendment. If the date of an authorised reprint is the same as the date shown for an unauthorised version previously published it merely means that the unauthorised version was published before the authorised version. Also any revised edition of the previously published .

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