How Australia's Covid recovery spending compares with the rest of the world | Australian economy
This included $15.2bn and $28.5bn Australian dollars the federal government recently announced in infrastructure spending and tax measures. â[The Australian infrastructure spending] is a lot. That is one-and-a-half times the normal level of investment in transport,â says the Grattan Instituteâs transport and cities program director Marion Terrill. âThe budget took us back to transport megaprojects. And thatâs after a short break in the past budget where the biggest single contribution from the commonwealth was $750m. In this budget the commonwealth put in $2bn or more...