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Regional economic development: Budget 2022 cheat sheet
Here are a few points of note of relevant initiatives in Budget 2022 that might have direct implications for the work of people in economic development agencies.
Here are a few points of note of relevant initiatives in Budget 2022 that might have direct implications for the work of people in economic development agencies.
For me Budget 2022 is not so much about whether the spending itself adds to inflation or not, it’s more a question of delivery. My gut tells me it would be better to focus on doing a few changes well, rather than biting off more than you can chew.
Inflationary expectations are becoming unhinged, with businesses’ expectations of inflation two years out running at their highest level in more than 30 years (since 1991)!
Unemployment is at a record low. Do I trust the precise number - hell no, do I trust the general tenor of what the unemployment result is pointing towards - heck yes.