Good debt projects will require political backbone
The Treasurer's good and bad debt separation is good in theory but will require iron discipline from cabinet ministers not to approve dodgy projects.
Alan Mtichell writes on News specialising in Economy, Policy, Infrastructure. Based in our Sydney newsroom, Alan has been economics editor of the Financial Review since 2005 and has also held positions with the ABC and The Sydney Morning Herald.
The Treasurer's good and bad debt separation is good in theory but will require iron discipline from cabinet ministers not to approve dodgy projects.
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