How the Government Hides its Spending

Ever wondered how governments keep massive spending hidden from the public eye? In this eye-opening video, we dive into the world of off-budget spending – the sneaky way to fund projects without it showing up in the official budget. Using real Australian examples like the NBN (which ballooned from $43B to nearly $70B) and Snowy 2.0 (from $2B to $12B in blowouts), we reveal how these "investments" are often politically driven, lacking proper cost-benefit analysis, and obscured by commercial confidentiality. 👉 Read the research here: https://www.cis.org.au/publication/gorillas-in-the-mist-how-government-obscures-its-spending/ 👉 Support Sound Economic Research: 🔹 Become a member: https://www.cis.org.au/membership-2-step-1/ 🔹 Make a donation: https://www.cis.org.au/support/donate/today/ 🔹 Learn more: https://www.cis.org.au/ ______________________________________________________________________________________________ CIS promotes free choice and individual liberty and the open exchange of ideas. CIS encourages debate among leading academics, politicians, media and the public. We aim to make sure good policy ideas are heard and seriously considered so that Australia can prosper. Follow CIS on our Socials; Twitter - https://twitter.com/CISOZ Facebook - https://www.facebook.com/CentreIndependentStudies/ Linkedin - https://www.linkedin.com/company/the-centre-for-independent-studies/ Telegram - https://t.me/centreforindependentstudies 📖 Read more from CIS here: https://www.cis.org.au/ 💬 Join in the conversation in the comments. 👍 Like this video if you enjoyed it and want to see more, it really helps us out! 🔔 Subscribe to our channel and click the bell to watch our videos first: https://www.youtube.com/channel/UC5c-JkKHb0YxFZ81XBtFCmw?sub_confirmation=1 ⏲️ Missed this event live? Subscribe to CIS to be up to date with all our events: https://www.cis.org.au/subscribe/ 📝 Subscribe to CIS mailing list- https://www.cis.org.au/subscribe/ 💳 Support us with a tax-deductible donation at - https://www.cis.org.au/support/