Australia's drought relief package hits the political spot but misses the bigger point
- Written by Lin Crase, Professor of Economics and Head of School, University of South Australia
There are two basic components to the Morrison government’s latest A$1 billion package response to the drought affecting large parts eastern Australia. One part involves extra subsidies to farmers and farm-related business. The other involves measures to create or upgrade infrastructure in rural areas.
Unfortunately, most funds will be...