Tag: economy
Vic to fast-track $11.5b in projects – Yahoo!7 News. (void link) The Victorian State government has just announced a $11.5b investment into various projects around the state to help salvage potential job losses and stimulate the economy—at a price, the State debt will rise to $16 billion over the next five years. As always, there are always opposing views and responses to such actions. While I’m not a financial expert of any degree, my understanding is that the government is attempt to inject and invest finances in areas which are important to the local economy, particularly in infrastructure (roads, rails,…
