Government's economic stimulus initiatives

• Senate Economics Committee

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30 October 2009With the economic outlook improving over recent months, calls have increase for a scaling back of the economic stimulus initiatives announced by the government in October 2008. This report assesses the impact of the initiatives.

The report examines:

• the efficacy of the spending measures to date,

• the anticipated costs and benefits of continuing the spending measures,

• consequent change in the stimulus ‘roll out’ that ought to be entertained given the changed economic circumstances,

• anticipated impact of the stimulus spending on future interest rate movements and taxpayer liabilities,

• an evaluation of the environmental impacts of the spending to date, and

• related matters.