Archive for April, 2019

$100b Promised for Infrastructure Ahead of Election

10 April 2019
The government has moved to put infrastructure front and centre of the election campaign, unveiling a record $100 billion in funding for road and rail projects over the next decade.
The $100 billion figure announced in Tuesday’s budget is up almost 30 per cent from the $75 billion over 10 years announced in last year’s budget.
The move to 10-year funding agreements – well … Read more »

Business Conditions Bounce Up

3 April 2019
The latest NAB Business Survey released over the weekend showed that business conditions have rebounded strongly in March with profitability and employment components of the survey both up. Business conditions rose by 3 points in March bucking a six month downward trend. The closely watched employment index rose to 7 index points which is well above average.
NAB’s group chief economist Alan Oster said that based … Read more »