What to do with public debt. Debt and deficit have become bogey words in our often vitriolic political debates, but economists argue there's never been a better time to borrow for the right government infrastructure projects.
During the past couple of election cycles, politicians from both sides have debated debt and deficit, making serious discussion on worthwhile public debt difficult.
Economists argue political passions have led to a dumbing down of the government borrowing debate, especially when it comes to worthwhile infrastructure projects.
"When people whinge about debt and deficits, although they don't know it, they should be talking about the recurrent budget where the most prosperous generation we have ever seen by a very long chalk is not paying its way on the day-to-day stuff, the recurrent stuff," says Deloitte Access Economics partner Chris Richardson.
"But there's a different set of arguments about investing in the future and governments aren't handling that well," he says.