COALITION EYES NEW GROWTH PLAN

Monday, September 16, 2013

The incoming coalition government has set its sight on bolstered infrastructure spending to help offset the impact of an end to the mining boom and lead the federal budget back to surplus, according to The Australian Financial Review.
Briefings from the Treasury Department to incoming ministers have delivered a starker-than-expected view of the capital investment gap.
"We are going to have to spend some money because the gap in capital investment with the end of the mining boom is far more dramatic than expected," one source told the AFR.

A plan for boosting capital investment through infrastructure projects could emerge as early as the first meeting of Tony Abbott's new cabinet, which will be sworn in next week

 
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