Is a “mammoth spending boost” coming in the Budget?

Advertisement

There should be. But Domain seems confused about “should” versus “will” means:

A mammoth spending boost is being planned for the October budget to launch new construction projects that can create jobs, with the federal government promising more money and focus on long-term infrastructure.

Deputy Prime Minister Michael McCormack named water supply as a key priority in an agenda that will add to $100 billion in existing projects but will also call on state governments to back the plans.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.