Treasury: Infrastructure spending far superior to company tax cuts

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By Leith van Onselen

According to this year’s Budget papers, every dollar the federal government invests in infrastructure it would deliver a return of $4 to the economy. From The AFR:

“The government has a role to provide infrastructure where it leads to net benefits for businesses and communities and where there are barriers that prevent individuals or businesses from investing themselves,” the budget papers said.

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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.