, Columnist
My Nintendo Shows Why This Stimulus Won't Work
Australia should target support at the people who need it — and are more likely to spend it.
Australia needs to get its head in the stimulus game.
Photographer: Neilson Barnard/Getty Images
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How’s this for a first world problem? Since the start of the coronavirus pandemic in Australia, my household has been finding it unexpectedly difficult to spend all of our wages.
Perhaps it shouldn’t be so surprising. Our two working-age adults are lucky enough to be in full-time jobs and haven’t really suffered any reduction in income due to the virus. On the other side of the ledger, many of our usual expenditures stopped or found themselves sharply reduced when lockdown started.