Albo doubles down on high-speed ponzi rail

Wednesday 23 January 2019

With an election in the air, Labor’s infrastructure spokesman, Anthony Albanese, has doubled down on a High Speed Rail (HSR) line linking the east coast capitals. From The Australian:

As our population tops 25 million, our nation must promote growth in our regions so they can absorb some of the pressure causing congestion and crowding in our cities.

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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.