Huge warning sign for Australian economy, page-16

Agree the principle of borrowing to stimulate. But....and this is where the Canberra Moron factory lets us down, to stimulate true growth you need to plan and develop on a proper thought out base, so that’s one reason we won’t get anywhere because let’s face it who in the majors does it?

Then you have to borrow? Mmm not necessarily, with transportation, water management (not of the Murray Darling disgrace type), power and energy and even resources if you are really clever....amongst others of thought out properly....there is the ppp and similar/non conventional contractual arrangements for payments in return for infrastructure companies to put cash up front. Also, on this basis, and this really does have to be thought and planned properly is the mass funds of the superannuation schemes who can invest some of their portfolio into robust projects for growth payback over time. (Note well thought out on returns over time.

with this growth in proper planning, especially in areas that need it i.e. the regions, you get the movement of people, skill shortages filled, new growth towns, tourism, lifestyle - housing and services etc. These go with build, maintenance and operation.

But what are we likely to get? Rio, BHP and other big miners digging holes and selling assets elsewhere, whilst paying bottom dollar tax, when we could actually create whole industries of new technology from those same assets.

And that is the rest of the reasoning behind good old solid Australian political failure - ad infinitum.

Stinks really.