MYEFO has short-term gain and long-term pain for investors

Growing government spending will help prop up tepid ASX profits. But investors should fear the longer-term issues that are being created.

MYEFO has short-term gain and long-term pain for investors

MYEFO has short-term gain and long-term pain for investors

MYEFO has short-term gain and long-term pain for investors

MYEFO has short-term gain and long-term pain for investors

MYEFO has short-term gain and long-term pain for investors