NSW to feds: cough-up infrastructure funds

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The NSW Government has demanded the federal government commit and bring forward funding for shovel-ready infrastructure projects in Sydney:

In the letter dated November 7 sent to Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg, the NSW leaders have asked the Commonwealth to bring forward crucial funding to assist the state in getting the Sydney Metro West and the Sydney Metro Greater West moving.

The Daily Telegraph revealed last week that the State Government currently faces a $30 billion funding shortfall to build the mammoth infrastructure pipeline it has announced into the future.

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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.