The commodity slump is just the start of Australia’s rude awakening, page-24

  1. 14,237 Posts.
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    "The liberals have a similar plan in the pipeline, a splurge on infrastructure. This spend takes time before the money flows but the result is something of lasting value which can return that value in the long term but you and your red friends berate them for "blowing out the budget"."

    Much of that is political spin.
    The Rudd Government instigated record expenditure on infrastructure as part of the response to the GFC.
    Programs that were ready to roll, having been in advanced stages of planning, were given priority funding.
    Now those projects have been completed investment has tapered off,as you would expect, with many projects having been brought forward.
    Abbott will have re-announced projects or re-allocated funding to those areas that the Coalition are ideologically aligned to, or possibly worse, pork barrelled their constituency.
 
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