Source: Council Of Trade Unions (CTU) – Press Release/Statement:
Headline: CTU welcomes Government investment into infrastructure
“The Government’s announcement that an
additional $12 billion capital will be available to address backlogs in our
deteriorating schools, hospitals and rail infrastructure and for regional
development is welcome news and sensible policy”, says CTU Economist and
Policy Director Bill Rosenberg. “This increase is greatly needed. After a
long period of neglect we have fallen well behind and this investment is
significant. It makes sense given government debt levels are low and its
borrowing is currently very cheap.”
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