Hockey's tough infrastructure road

Offering investable securities to self-managed super funds will allow Joe Hockey to tap the superannuation market’s full potential for financing much-needed infrastructure and creating jobs.

Of almost all the G20 finance ministers/ treasurers, Australia’s Joe Hockey has the hardest task in increasing job creation. He is therefore the most likely to fail, although that is not a prediction.   

So let me start a series on how Hockey can create jobs, beginning with what he needs to do to boost infrastructure spending from superannuation money. Remember that we have little money in the government’s spending budget.

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