Micheal Reddell: former Reserve Bank Economist on whether we need to have a discussion about government spending

In Australia their treasurer Jim Charles says they need to have a national discussion about how to pay for Government spending. Yes, their budget deficit was $50 billion dollars lower than forecast but Chalmers says that won't be the case going forward and they'll be constrained to "bread and butter" spending. So if they are going to have the talk, do we need to as well? Former Reserve Bank economist Michael Reddell joins me now. LISTEN ABOVE  See omnystudio.com/listener for privacy information.