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Professor Chris Aulich: ‘Asset recycling scheme looks more like policy recycling’.

Professor Chris Aulich on the Federal government’s infrastructure package

Professor Aulich, in The Conversation, discusses the Abbott government’s new A$10 billion infrastructure package, arguing that in focusing on the largely insignificant tax-versus-levy issue, discussion has largely ignored the spending side.  About A$5 billion is to be set aside to encourage states to privatise their assets by providing a 15% “bonus” payment for privatising state-owned assets. The assumptions underpinning such a policy are breathtaking in their disregard for evidence and for their promulgation of simplistic propositions about the relative efficiency of public and private sector management.

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