Infrastructure opportunity knocked – Canberra wasn't home
It's not too late for the nation to realise its potential. By selecting the right projects, we can certainly afford it – if only we had politicians with the vision and discipline to lead.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
It's not too late for the nation to realise its potential. By selecting the right projects, we can certainly afford it – if only we had politicians with the vision and discipline to lead.
Well that's one way to deal with the problem of bracket creep – don't have a wages increase.
Quite simply, the business case has not added up for the Arrium steelworks, even with bits and pieces of protectionism
Treasurer Scott Morrison and the Business Council of Australia have wasted no time in grabbing Donald Trump's election as a justification for cutting Australian corporate tax rates.
Would you trust Donald Trump with $US20 trillion ($26.6 trillion) of debt? How about lending him another $US7 trillion or so on top of that? You wouldn't be alone in thinking twice about the prospect.
The caveat has go up front: given his propensity for lying, exaggerating and generally raving, nobody can know what Donald Trump will actually do as president. He probably doesn't know himself.
The GFC was quite scary at times. President Trump worries me much more.
You know the hordes complaining about credit card interest rates of 22 or 23 per cent? They don't know what high interest rates are.
Crystal ball gazing is a tough job, but the central bank still has to do it.
The east coast housing boom is feeding on itself – an expectation of higher prices because prices are higher.
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