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.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles