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A new cross-party senate report, from the standing committee on rural and regional affairs and transport, has urged the Abbott Government to not prioritise road projects over rail, and instead base its funding decisions according to merit. From The Age:
The report found that public transport is crucial to raising national productivity by reducing congestion and “should be considered as nationally significant infrastructure”, just as roads are…
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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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