Yes indeed. Having excess funds is an interesting one. If you...

  1. 8,880 Posts.
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    Yes indeed.

    Having excess funds is an interesting one. If you spend a $1m you will have created employment (maybe for China). If you bank it, then due to the banking reserve ratio on tier 1 capital, the bank can probably lend $5m or $6m.

    I'm sure some bright economics graduate can do the sums as to which generates the biggest bang for the buck over the medium to long term for the good of Australia.
 
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