<
https://thenewdaily.com.au/finance/2021/04/20/big-business-free-money-pascoe/>
"Money is now free for big business, but that’s still not enough to entice the
big end of town to increase investment in Australia.
It’s the $2 trillion question hanging over the Australian economic recovery:
Where’s the lift in business investment to sustain the present
consumption-driven surge?
There’s no sign of it. It wasn’t there before COVID and it’s certainly not
there now.
Despite the collapse in the cost of money, the nation’s boardrooms are clinging
to their double-digit hurdle rates, concentrating on cutting costs and
squeezing higher dividends out of existing capital, failing to make the
investments that eventually increase productivity and lift living standards."
Via Muse, who wrote "Big business idea of investment: pop all extra money into
your own pockets and enforce status quo."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
