The Coalition’s infrastructure splurge is a con job

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By Leith van Onselen

Yesterday’s leak that tonight’s Federal Budget will allocate $24.5 billion to major infrastructure projects, including federal contributions to rail projects in Sydney, Melbourne and Perth, has failed to impress Infrastructure Partnerships Australia (IPA) CEO, Adrian Dwyer.

Last week, Dwyer accused the Turnbull Government of reducing infrastructure investment and called for an extra $7.5 billion in infrastructure spending over the next four years to offset a decline in such expenditure over the last decade:

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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.