Turnbull Sees No Reluctance to Invest in Infrastructure

The video discusses the Australian government's approach to infrastructure investment, emphasizing the importance of borrowing for economic growth while maintaining a AAA credit rating. It highlights the need to reduce the budget deficit and the role of company tax reduction in boosting investment and job creation. The video also explores Australia's trade relations with China, advocating for open markets and free trade amidst global protectionist trends.

What is the government's approach to infrastructure investment?

• Taking an economic interest in projects

• Making grants to projects

• Focusing solely on the National Broadband Network

• Avoiding partnerships with the private sector

Why does the government focus on reducing the budget deficit?

• To live within its means

• To avoid investing in infrastructure

• To increase government payments

• To maintain high interest rates

What is the purpose of the business enterprise tax plan?

• To eliminate company taxes

• To reduce company tax rates gradually

• To focus on individual tax reductions

• To increase company tax rates

What is the government's plan regarding company tax?

• To eliminate it completely

• To keep it constant

• To reduce it over a gradual path

• To increase it significantly

How does the government view protectionism in trade?

• As a necessary measure

• As a hindrance to growth

• As a way to boost local jobs

• As a beneficial strategy

What is Australia's stance on foreign investment?

• It discourages all foreign investment

• It only allows investment from China

• It has many barriers to foreign investment

• It is generally open to foreign investment

What role does China play in Australia's trade policy?

• A crucial trading partner

• A country with no trade relations

• A minor trading partner

• A competitor in the global market