Dishonest Labor doubles down on Suburban Rail Loop

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Earlier this week, Treasurer Jim Chalmers effectively blamed the states and the former federal government for fueling inflation via their infrastructure construction programs:

“I do think we’re going to need to make some difficult decisions about the infrastructure pipeline”.

“Which factors in those $33 billion of blowouts from projects announced by our predecessors, and which factors in our inflation challenge. We need to be upfront about that”.

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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.