Budget’s ‘congestion fund’ won’t fix a Queen Lucy pothole

Friday, 11 May 2018

In Tuesday’s Budget speech, Treasurer Scott Morrison proclaimed that the Government is “busting congestion in our cities” and announced “a $1 billion Urban Congestion Fund to support projects at a State level to fix pinch points and improve traffic flow and safety”.

Yesterday, Fairfax announced that Sydney would be the big winner from this Fund:

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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.