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Australia is transitioning from the mining boom with strong growth and relatively low unemployment, but has not been immune to symptoms of the “new mediocre”. Wage and price pressures are weak, underemployment has risen, and non-mining investment is yet to fully recover. Ensuring the return...
This paper examines the impact of growth in government investment funds on net debt. The focus in this report is conceptual—whether the long-standing frameworks that define net debt would benefit from review in light of the growing use of investment funds—and suggests that increased transparency...