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Fiscal Conservatism Another Victim of the Pandemic

Fiscal Conservatism Another Victim of the Pandemic
NSW Premier Dominic Perrottet speaks at his first press conference as leader on in Sydney, Australia, Oct. 5, 2021. Brook Mitchell/Getty Images
Robert Carling
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Commentary

The new Premier of New South Wales (NSW), Dominic Perrottet, and his Treasurer Matt Kean announced $2.8 billion (US$2.1 billion) of new spending last week, which in their words is to “turbocharge the NSW recovery.” It was not billed as a mini-budget—but it could have been.

Robert Carling
Robert Carling
Author
Economist Robert Carling is a senior fellow at the Centre for Independent Studies in Sydney, Australia. He was executive director at the New South Wales Treasury from 1998 to 2006, and has held positions with the Commonwealth Treasury, the World Bank, and the International Monetary Fund.
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