What kind of fiscal stimulus should Treasury be readying?

Friday, 11 January 2019

The Australian economy is stalling as its key drivers sputter. Fiscal investment is plateauing as infrastructure hits a air pocket, via ANZ:

There was a significant pull forward last year:

Dwelling construction is about to crash:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.