Hi everyone, here we are a day after the 2022 federal budget and here is my take on it.
Quite frankly, I think it’s a very positive budget.
The reason I am saying this is that when I am working with my clients I always talk about the PIES formula.
The PIES formula is Population, Infrastructure, Employment Supply (and demand)
Everything needs to be working in the formula! And with this budget we have some amazing infrastructure projects coming out in every state and territory.
Mostly rail, air/ports & dams….and what does this mean? We have to have people to build them, so that’s employment. What it also means is that the population can move from state to state, city to city or even city to regional.
So our population can actually move around to work in these employment areas for this infrastructure, but of course once these projects are completed we open ourselves up to private infrastructure opportunity’s so the population can have all the amenities around them.
So I am really impressed with the proposed projects to commence over the next 15 years.
If you have any questions about the PIES formula or the 2022 budget and how they work together please give me a call on 1300 736 754 or contact me here. Looking forward to your questions.
I am always happy to share what I know.