Budget hard-man endorses high speed pork

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By Leith van Onselen

Maurice Newman, the Abbott Government’s hand-picked business advisor, is a curious beast. For years he has bemoaned excessive government spending and waste, and yet now he has thrown his support behind a high speed rail (HSR) link between Melbourne and Sydney:

Dr Newman said the high-speed rail link was an “idea whose time had come” and it could be achieved using Japanese technology and capital…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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