Rudd pumps in $10b - National - smh.com.au
There's some pretty surprising generosity from Kevin Rudd in his stimulus package. The part of it for pensioners and parents comes as a lump sum just before Christmas. The argument against that: they'll blow it all at once on holiday fun, and still can't afford groceries before or after. The argument for it (un-stated, but I would guess someone in Treasury has said it): we want them to spend it quickly, and not just on groceries.
It seems an odd choice to be using pensioners as the people you want to encourage to spend and stimulate the economy.
The new home buyers increases are good for builders and real estate agents, but is this the area of the economy that is in most need of stimulus?
I suspect there will be criticism from both left and right that this should have been better targeted.