Australia’s pretend infrastructure boom to the moon! At the AFR:
“It looks like the boom is going to be a bit more protracted than we previously thought,” said Nigel Hatcher, director at Macromonitor, which specialises in economic forecasts for the construction industry.
Transport construction activity around Australia is expected to hit a record $42 billion in 2022-23, up from $30 billion in the 12 months to March 2019, according to Macromonitor.
