Morrison is right. All governments will need to spend more to get us out of the crisis
- Written by Danielle Wood, Chief executive officer, Grattan Institute
The prime minister wants the states to open their wallets. Although he has warned them not to “make whoopee”, his message is blunt: “The Commonwealth cannot do all the fiscal heavy lifting on its own”.
The Reserve Bank governor is more circumspect, but also says the states have an “important”...
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