Abbott can end Australia's capex drought

As the mining investment boom winds down, the next government will face dwindling capital spending. A Tony Abbott victory in September would likely be the quickest antidote to this capex chill.

One of the biggest problems facing the winner of the September election is a looming dangerous gap in capital spending and tax revenue.

This is one of the key points, which emerged in this week’s fascinating KGB interview with NAB chief economist, Alan Oster and Goldman Sachs JBWere chief economist, Tim Toohey.


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