After David Bassanese wrote in the AFR last month What the new government should do is use its stronger economic credibility in the eyes of the public to introduce the concept of good debt and bad debt through, say, splitting the budget accounts into a capital and recurrent spending component the government confirms that it is considering such a proposal. Hockey said From my perspective - and the Coalition's perspective - infrastructure investment that is based on proper cost-benefit analysis is a good investment that helps to improve productivity growth and that is the sort of thing we need to drive.
I'm the Managing Director and Co-Founder of Livewire. I'm passionate about collecting and curating the markets most informed insights every day so that our members can discover new investment ideas. If you would like to get in touch - please use...
Praise the Lord something sensible from the Coalition regarding debt