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Vital Signs. Business investment is flatlining, and it isn't clear that suasion or a special allowance will help

  • Written by Richard Holden, Professor of Economics, UNSW
Vital Signs. Business investment is flatlining, and it isn't clear that suasion or a special allowance will helpIt's easy to ask businesses to invest more, hard to get them to do it.Shutterstock

You know the economy is in trouble when a clever and successful Liberal Party treasurer resorts to doing an Elizabeth Warren impersonation in front of the Business Council of Australia in hopes of boosting investment.

That’s what Josh Frydenberg did on Monday,...

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