Responding to sluggish growth and calls from the Reserve Bank for extra economic stimulus, Mr Morrison will spend an extra $1.8 billion this year and next on major projects. Every state and territory is expected to benefit from the accelerated funding.
The announcement will be made in a speech to the Business Council of Australia, where Mr Morrison will also reject calls for direct cash injections to fuel the sluggish economy, describing them as "panicked reactions". Mr Morrison's speech will justify the government's commitment to a budget surplus, declaring its primary purpose was to pay down debt.
This $4 billion is fossil fuel money to GAG the opposition and firefighters from having a real solution to ClimateChange which is banning Coal from the economy.
Just found 4 billion laying around. Everything is underfunded and falling apart while they sit on the hard earned tax dollars of Australian workers. 💩
Please explain?
So half 1 years franking credits brought forward 😂😂😂
The Liberals are lost. They have zero knowledge how to fix the economy. Never have never will. They hang hat on Howard during a global resulource boom, lucked out when a monkey could have run the economy better than Howard & Costello. Their answer, force the elderly back to work!
A token gesture and another worrying warning sign of failing Liberal economic management!
Isn't that like 0.0013% of GDP per year?
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