The government and budget experts have dismissed as needless a radical proposal by the International Monetary Fund to impose a “debt anchor” on Australian politicians that would potentially allow Canberra to miss its surplus target if it chose to deploy fiscal stimulus during a crisis.
In a major report calling for an overhaul of the nation’s two-decade-old fiscal framework which hinged on a bipa…
Read the full article at: http://www.afr.com/news/economy/imf-debt-anchor-a-sinker-say-economists-20170213-gubtov