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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...
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.
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
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