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Australia's nation-building opportunity held hostage by the deficit daleks

  • Written by Richard Holden, Professor of Economics, UNSW
imageThe Australian government's ambition to exterminate all debt does not distinguish between 'good debt' and 'bad debt'.www.shutterstock.com

As anticipated, the Australian government downsized a number of its economic forecasts in the Mid-Year Economic and Fiscal Outlook (MYEFO) released this week.

Also as anticipated, the federal government did...

Read more: Australia's nation-building opportunity held hostage by the deficit daleks

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