Peter Fletcher

  • About
  • Blog
  • Contact

Turnbull, Costello want release of Treasury advice

October 14, 2008 by Peter Fletcher

Turnbull, Costello want release of Treasury advice – ABC News (Australian Broadcasting Corporation): “Opposition Leader Malcolm Turnbull and former treasurer Peter Costello have urged the Government to release the advice which led to the decision to spend nearly half the surplus on a $10.4 billion economic stimulus package.”

I’m with Turnbull on this issue. What is served by the government not disclosing that which has informed a major shift in the economic management of the country? Is it a way of hiding from the Australian people the dire truth of our circumstances? Or is it the government taking reckless action and avoiding accountability? I suspect that Wayne Swan has discussed the matter with his G20 counter-parts and they’ve agreed that the problems in the economy are less a matter of fundamentals and more a crisis of confidence. To restore confidence sudden and massive action is needed so the government can be seen to be doing something which, in turn, gives the person on the street the impression that the government has things under control and it’s ok to keep spending. But I believe this strategy is not wise. The Australian people are not easily taken for fools and any questions about how the government went about making these decisions will quickly undermine any short term consumer confidence.

Take a moment to share:

  • Tweet
  • Email

Related posts:

  1. Why aren’t the Yanks paying for our stimulus package? Rudd slams ‘obscene failures’ in banking system – ABC News...
  2. I’m starting to smell a rescue package rat What is the government hiding. If they can spend $10.4...
  3. Rudd sells out environment to save economy A second after finding out Australia is in economic hot...
  4. Business calls on Rudd government to come clean Concerned industry leaders believe that an information vacuum is creating...
  5. Is Rudd serious or just bank bashing? Kevin Rudd is at his populist best in tarring Australian...

Filed Under: Politics & economy Tagged With: GFC

About Peter

Speaker, trainer and coach. I write about living, loving and working better. Love a challenge. More...

Subscribe

Get the latest posts delivered to your inbox.

Recent Posts

  • Perth property market report
  • Mandating madness: The case against compulsory e-conveyancing
  • PEXA: Stop treating conveyancers like idiots
  • Page 1 of 365
  • Looking back, looking forward

Top Posts & Pages

  • Foucault on power relations
  • Why saying "You've got potential" can be the worst thing to say
  • Foucault on Confession
  • Blog
  • Zen and the art of the cold shower
  • Contact
  • About Peter Fletcher
  • What Jack and the Beanstalk can teach you about the value of achieving goals
  • The ’08 Campaign - Sea Change for Politics as We Know It - NYTimes.com
  • Six tips that will get you called in to do more market appraisals

Location

You can find me at Residential Settlements in Burswood.

5/170 Burswood Road
Burswood WA 6100

Let’s catch up

If you're ready to take your business to the next level, get in touch with me now.

Send me an email using the contact form or call me direct on 0419 538 838.

Connect

Connect with me on one of these social networks.
  • Facebook
  • Google+
  • LinkedIn
  • Tumblr
  • Twitter

Copyright © 2021 · Agency Pro Theme on Genesis Framework · WordPress · Log in

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.