Given the collapse in job vacancies and appalling news from @Qantas, it’s time for Morrison & Frydenberg to come clean with the Australian people on our economy’s future given a rapidly approaching cliff – that is, the scheduled wind-back of JobKeeper & JobSeeker. 1/4
It’s time for Phase 2 of the economic recovery - an infrastructure strategy to plug the economic gap and invest in Australia’s future. This is what we did during the GFC when we invested almost $50 billion. It's time to recommence that build, Scotty, in the national interest. 2/4
We already know what work needs to be done. Our govt created Infrastructure Australia to recommend a series of essential economic projects, subjected to rigorous economic analysis (not just letting the National Party pick their pet projects). 3/4
Labor policies built a $3.1 trillion super industry that is still hungry to invest. Time for the govt to team up with super funds and Infrastructure Australia by releasing national infrastructure bonds. My govt raised $2BN through the Aussie Infrastructure Bonds program. 4/4
You can follow @MrKRudd.
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