31 May
31 May · 22:57 UTC
"...newly released economic modelling says a rise in pay packets will generate more jobs than spending on construction projects...About 0.97 direct jobs are generated for every $1m spent on building projects, according to ABS data. Conversely, 1.79 direct jobs are created for every $1m spent by consumers." The economy is just people, with money (good economy) or without (recession). Go figure. https://www.theaustralian.com.au/news/pay-rises-generate-more-jobs-economic-modelling-shows/news-story/139601a1a3295bc7e1f10df01f7f67e7?btr=0342eeece9369be085356188d44a96b2
Nick Dee shared a link.