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Ross Gittins has written a spirited post slamming the efficiency of infrastructure investment in Australia and tacitly endorsing a lift in public transport investment:
One of the foremost areas where governments need to lift the efficiency of their spending… is infrastructure. It has become an area where too much spending is never enough and anything labelled “infrastructure” is above critical scrutiny…
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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.
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