Albo continues to push high-speed ponzi rail

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By Leith van Onselen

With an election fast approaching, Labor’s infrastructure spokesman, Anthony Albanese, continues to push for a High Speed Rail (HSR) line linking the east coast capitals. From The Canberra Times:

Labor’s federal infrastructure spokesman, who oversaw a $20 million study into the feasibility of east coast bullet trains in the previous Labor government, said it was time Australia moved beyond decades of talk about the project.

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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.