Issue 2020 May 02
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Post-covid19, create a national development bank
By Patrick J. Byrne A government-backed development bank would provide an ideal instrument to help financially engineer an economic recovery after the unprecedented shutdown of non-essential activities during the covid19 pandemic. The Federal Government is yet to prioritise a national development bank for Australia, despite contributing $US738 million towards China’s Asia Infrastructure Investment Bank and despite both major parties having proposed a Pacific…

