Larry Williams Drive

Brad Olsen: This is not for day-to-day spending

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Sinopsis

The Government may have some extra wriggle room in Budget 2022. The Finance Minister's changing how we measure our debt – with a new ceiling set at 30 percent.  It now takes into account a wider range of Crown assets and liabilities, including the Super Fund. Infometrics principal economist Brad Olsen told Heather du Plessis-Allan it is billions in additional money the Government could use in future, but only for investments. “This is not for day-to-day spending, this is not for starting up a new government ministry, this is for the core bones of the country which I think is important.” LISTEN ABOVESee omnystudio.com/listener for privacy information.