Original article by Glenda Korporaal
The Australian – Page: 13 & 18 : 18-Jan-21
Australian businessman Andrew Liveris says the incoming Biden administration is likely to pursue capital expenditure initiatives worth between $US2trn and $US4trn over the next several years. Liveris says this may generate opportunities for Australian companies, particularly in areas that are likely be a focus for Joe Biden, such as clean energy and associated infrastructure. Macquarie Specialised Asset Management chairman Tony Shepherd in turn says Biden administration’s stimulus program will be good for the global economy, including Australia. However, some business leaders have expressed concern about any move to roll back the Trump administration’s corporate tax cuts.
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, MACQUARIE SPECIALISED ASSET MANAGEMENT LIMITED