If you want to boost the economy, big infrastructure projects won't cut it: new Treasury boss
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Treasury secretary Steven Kennedy – in the job for for just weeks after moving across from the department of infrastructure last month – has dismissed talk of spending big on infrastructure in order to escape an economic downturn.
Such calls “sound straightforward, but in practice are difficult to achieve”, he told a Senate...