Scott Morrison giving a pre-budget address in Sydney Source: AAP
The Turnbull Government is preparing for big spending on infrastructure in May Budget as it plans to change how national debt is reported. It wants to differentiate between what it calls "good" and "bad" debt. But the Opposition has criticised the move as nothing more than a distraction.
The Turnbull Government is preparing for big spending on infrastructure in May Budget as it plans to change how national debt is reported. It wants to differentiate between what it calls "good" and "bad" debt. But the Opposition has criticised the move as nothing more than a distraction.
The Turnbull Government hopes the move will reassure voters and credit-ratings agencies by better showing which parts of the budget are to blame for the country's rising debt.