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Is It Even Possible to Rein in Government Spending?

The market of now is no ordinary market—it is driven by government demand and fuelled by government’s superior ability to borrow.
Is It Even Possible to Rein in Government Spending?
Construction work on the Light Rail in Randwick in Sydney, Australia, on April 12, 2017. Ryan Pierse/Getty Images
Graham Young
Graham Young
10/24/2023|Updated: 10/24/2023
0:00
Commentary
Earlier this month, it was headline news that “Labour shortages, delays, and cost blowouts to plague Queensland government $10 billion health upgrades.”
Graham Young
Graham Young
Author
Graham Young is the executive director of the Australian Institute for Progress. He is the editor and founder of OnlineOpinion.com.au and has conducted qualitative polling on Australian politics since 2001. Mr. Young has contributed to The Australian newspaper, The Australian Financial Review, and is a regular on ABC Radio Brisbane.
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Related Topics
government spending
equity
social welfare
cost blowout
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