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A $50b lost opportunity: Why businesses are investing less in the economy

A key insight of economics is that economies go through both short-term "cyclical" changes — the boom and bust cycle — and more deep-seated “structural” shifts.

The distinction sounds academic, but it matters for how governments respond to a problem.

  • Clancy Yeates
  • Brisbane Times

Dealing with a structural change requires a different response to managing the ups and downs of the business cycle by tweaking interest rates or…

For a clear example of this, look at what’s going on with non-mining business investment, which is important for supporting economic growth and providing well-paying jobs.

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