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
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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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