Should We Be Borrowing More?

June 2019 Newsletter | With the backdrop of the current low interest rate environment, where the ten-year Australian Government bond is yielding 1.37% and the recently offered 30-year Australian Government bond is yielding under 2.4%; It raises an interesting question, at a time of somewhat anaemic global growth, why are governments around the world not taking more advantage of these incredibly unusual times to build valuable assets? In this edition we discuss if Governments should be borrowing more to build productive assets.