Categories
Economy Recession

Government Spending to the Rescue

#Stimulus #Australia #Infrastructure Calls are being made for the government to increase stimulus spending. Are we in danger of our leaders falling for the broken window fallacy? References Calls for urgent stimulus led by ‘shovel-ready’ projects as economy loses momentum ‘quite quickly’ https://www.abc.net.au/news/2019-09-30/calls-for-urgent-stimulus-as-economy-loses-momentum/11558810 https://www.infrastructureaustralia.gov.au/search-priority-list-map

Categories
Economy

Australia’s Infrastructure Spending needs to grow

#Infrastructure #AusPOL #Australia Infrastructure Australia is calling on Infrastructure spending to increase significantly to meet the demands of our population growth. I’m concerned that we are at risk of overheating another section of the economy and might have another series of construction issues like our apartment sector. References https://www.infrastructureaustralia.gov.au/ https://www.abc.net.au/news/2019-08-13/infrastructure-body-says-roads-and-transport-must-catch-up/11407114?section=business