Business Reports

Fri Dec 14

No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW

Asset recycling is a shell game, a way to get around government accounting rules.Shutterstock

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending.

It’s not just crumbling bridges, pot-holed roads and lousy airports that provide the impetus for infrastructure spending....

What happened when we gave unemployed Australians early access to their super? We've just found out
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Why we put money into bizarre cryptocurrencies like ponzicoin and cryptokitties
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Fears global investment bank may be on the brink of collapse
Credit Suisse is scrambling to reassure investors and clients about its liquidity and capital position as rumours swirl that the major global investment bank is on the verge of collapse. News.com.au…