Money for mates but not hospital funding

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Last week, health ministers from Australia’s eight states and territories asked for immediate additional funding from the federal government to inject more resources into public hospitals as the country reopens:

“States and territories are under unrelenting strain due to the current Covid-19 demands and the pre-existing trend of increased hospital activity,” the ministers said in a letter to federal health minister Greg Hunt.

“We are entering into the most critical phase of the Covid-19 pandemic response for our hospital systems.

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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.