Wednesday, May 12, 2021

Budget cash splash irresponsible now that emergency is over warns economist Stephen Anthony

Macroeconomics chief economist Stephen Anthony says the budget is a wasted opportunity for repair with too much misdirected spending. 

Mr Anthony says with the emergency over, the federal government needs to stop pumping in stimulus so the economy can recovery. 

He tells me the cash splash is irresponsible and the private enterprise should not be leading the recovery rather than the taxpayer.

Here's my budget review from RN Breakfast

I also spoke on AM with EY chief economist Jo Masters who says rising inflation is a looming risk to higher interest rates.


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