Guidebooks for managers the world over dispense oodles of tips on how to run a slick and efficient machine foremost among them is the old adage “if you can’t measure it, you can’t manage it”.
As he grapples with Government debt, Scott Morrison is re-writing the rulebook.
He can measure debt, down to the last dollar.
Treasury accounts for it every six months of every year and at last count, in December, it stood at $317.2 billion (net).
But, as the Treasurer is discovering, debt is not as easily managed as measured.
As the metrics roll in and the debt piles up to $359 billion by 2019, Mr Morrison is adopting novel techniques to subtly recalibrat…
Read the full article at: http://www.abc.net.au/news/2017-04-27/budget-2017-analysis-morrisons-debt-management-masterclass/8476834
