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Capital works have to be funded by borrowing - Gittins, Sydney Morning Herald

posted Tuesday 3 November 2009
We don't normally clutter these pages with material that transport watchers should have seen in the mass media, but sometimes some worthwhile reading is buried deep......

In the Sydney Morning Herald of 1 November 2009, Economics Editor Ross Gittins had some interesting observations on the funding of capital works, and especially the misconceptions surrounding public versus private funding. The article was headed "No infrastructure unless you borrow".



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