http://www.smh.com.au/business/more-debt-needed-for-investments-nab-chief-20130801-2r1k6.html
And this:-
"With the water poisoned by both sides through their simplistic “surplus good, deficit bad” chanting, it would take a very serious effort to explain the Big Idea to the electorate. However, done properly, there is a broad church from big business to organised labour to the social sector who could be willingly enlisted.
It wouldn't be easy to reverse three years of surplus worship, particularly with the opposition sure to run the obvious lines about Labor just wanting to spend and go further into disastrous debt, but it could be done. I'd argue that the last politician with the ability to explain complex policy to the electorate was Lindsay Tanner – there's no sign of anyone on either side of politics with that talent.
But the combined efforts of the superannuation industry, big business and the rational elements of the labour movement could help, with the former two perhaps capable of bringing some pressure to bear on the Liberal Party to put the nation's interests ahead of winning the keys to the Lodge.
It's a little late to start this Big Idea, this investing in Australia, as the resources construction phase will peak quicker than solid projects will be shovel-ready, but that's not an excuse to rule it out. Our infrastructure backlog remains whatever the timing.
And it is indeed a Big Idea. The question is, are we still capable of grasping a big idea, or has the divisiveness of the past three years diminished our aspirations?"
Michael Pascoe is a BusinessDay contributing editor.