NSW shadow treasurer calls for creation of infrastructure bonds

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AUSTRALIA - New South Wales shadow treasurer Mike Baird is calling on the state to create bonds suitable for self-managed superannuation fund investors that would then be used to fund state infrastructure projects.

Baird said the state should partner with international money managers to create so-called Waratah Bonds, products that carry a low-risk inflation match. He said: "Over the next 15 years it's fo...

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