Why is Australia so bad at building infrastructure?

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Why is Australia so bad at building infrastructure? It is a legitimate question.

Over the past few years we have witnessed wild cost blow-outs across Victorian infrastructure projects, which attracted condemnation from the state’s auditor-general.

Examples of Victoria’s infrastructure mismanagement and waste include the following.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.