Business
Why I love Josh Frydenberg’s budget in all its big-spending glory – Sydney Morning Herald
When I unwrapped the budget papers last Tuesday, I gazed upon the rivers of red ink with a sense of relief.
Much of the reaction to last weeks budget has framed its big spending as fiscally reckless. That the government has outflanked Labor on the left. That the budget presages generations of budget deficits and a mountain of debt well never pay off. A cadre of Liberal backbenchers and former treasurers are said to be up in arms.
I care more than most professional economists about fiscal discipline. I worry that if debt ratchets up, it may expose us in the decades ahead to serious risks. I like lower…
-
Business22 hours agoUS markets swung wildly last night. How extreme volatility can be a gift to ASX investors
-
Business6 hours agoHow I’d build a $100,000 ASX portfolio from scratch
-
Noosa News18 hours agoAdrian Portelli gives $140,000 in Coles gift cards to customers in Brisbane and Gold Coast
-
General11 hours agoVolodymyr Zelenskyy claims Chinese soldiers fighting alongside Russians in Ukraine