Tuesday, July 14, 2009

Can’t load iron ore from a school hall

Michael Stutchbury mourns the waste:
IT took one of the biggest China conferences of the year for Wayne Swan to give due credit to exports rather than budget stimulus for cushioning Australia from the worst of the global recession. And the Treasurer already is testing out his defences to suggestions the government pumped too much fiscal stimulus into the economy…
The shipping queues outside some of Australia’s east coast ports already are starting to lengthen again, in part because of rail shortfalls. It would be better to concentrate on fixing such genuine infrastructure bottlenecks than to waste money building primary school halls that simply aren’t needed.

Posted via email from Garth's posterous

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