article from Centre for Policy Development
CPD fellow
James Arvanitakis writes:
I am trying to figure out what the Rudds were thinking when they decided to announce a $1.5 billion injection into First Home Owners Grant (FHOG). This seems like sausage factory policy to me, no matter what is happening in the broader local or global economy. Before presenting my thinking on this, I want to emphasise that I am not against government injecting funds into the economy - but only when the policy implications are well thought out. The Rudds seem to have got it right with well-targeted payments to pensioners, low-income households and carers.