{"id":123,"date":"2011-08-08T16:06:18","date_gmt":"2011-08-08T20:06:18","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=123"},"modified":"2011-08-08T16:06:18","modified_gmt":"2011-08-08T20:06:18","slug":"australia-can-build-its-way-out-of-trouble-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/australia-can-build-its-way-out-of-trouble-wsj-com\/","title":{"rendered":"Australia Can Build Its Way Out of Trouble &#8211; WSJ.com"},"content":{"rendered":"<p>In a recent report, ANZ estimates that Australia needs to spend about 600 billion Australian dollars (US$626 billion), or the equivalent of 8% of GDP, over the next five years to bring its infrastructure &#8220;up to acceptable standards.&#8221; It argues that the country needs to invest around 1% of GDP annually just to improve its road network over the medium term.<\/p>\n<p>via <a href=\"http:\/\/online.wsj.com\/article\/SB10001424053111904140604576493831749969702.html?mod=WSJ_World_RIGHTTopCarousel_1\">Australia Can Build Its Way Out of Trouble &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent report, ANZ estimates that Australia needs to spend about 600 billion Australian dollars (US$626 billion), or the equivalent of 8% of GDP, over the next five years to bring its infrastructure &#8220;up to acceptable standards.&#8221; It argues that the country needs to invest around 1% of GDP annually just to improve its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/australia-can-build-its-way-out-of-trouble-wsj-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia Can Build Its Way Out of Trouble &#8211; WSJ.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-123","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia Can Build Its Way Out of Trouble - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia Can Build Its Way Out of Trouble - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"In a recent report, ANZ estimates that Australia needs to spend about 600 billion Australian dollars (US$626 billion), or the equivalent of 8% of GDP, over the next five years to bring its infrastructure &#8220;up to acceptable standards.&#8221; 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This could be funded by swapping new government debt for the banks' soured real-estate assets. However, the\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3216,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/31\/china-pins-hopes-on-public-housing-wsj-com\/","url_meta":{"origin":123,"position":1},"title":"China Pins Hopes on Public Housing &#8211; WSJ.com","author":"ColinTwiggs","date":"December 31, 2011","format":false,"excerpt":"One of the biggest public-housing projects in history will help determine whether China can remake its real-estate sector fast enough to prevent its economy from flaming out. China is in the midst of a crash program to build 36 million subsidized apartments by the end of 2015\u2014enough units to house\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":668,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/05\/australia-investor-confidence-at-lowest-level-since-2009-wsj-com\/","url_meta":{"origin":123,"position":2},"title":"Australia Investor Confidence at Lowest Level Since 2009 &#8211; WSJ.com","author":"ColinTwiggs","date":"September 5, 2011","format":false,"excerpt":"Australians face rising electricity bills, fuel prices and mortgage rates, and the increasing cost of living has been exacting a toll on the economy. Neither consumers nor businesses are in the mood to borrow in a major way. Veda's quarterly Consumer Credit Demand Index, released Monday, showed consumer credit demand\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48609,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/20\/will-the-rba-cut-first\/","url_meta":{"origin":123,"position":3},"title":"Will the RBA cut first?","author":"Colin Twiggs","date":"February 20, 2024","format":false,"excerpt":"Recent articles in Macrobusiness and the ABC suggest that the RBA is likely to cut interest rates early, ahead of the Fed. 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Wednesday's loans were on top of the \u20ac489 billion of similar loans the ECB dispensed to\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6635,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/05\/cbo-sees-rising-u-s-debt-economic-rebound-in-2014-wsj-com\/","url_meta":{"origin":123,"position":5},"title":"CBO Sees Rising U.S. Debt, Economic Rebound in 2014 &#124; WSJ.com","author":"Colin Twiggs","date":"February 5, 2013","format":false,"excerpt":"DAMIAN PALETTA at WSJ writes: Economic growth and recent legislation have cut the federal budget deficit in half in the past four years, but federal debt will still hit historic levels if more isn't done, the Congressional Budget Office said Tuesday in the annual update of its budget and economic\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}