Congestion costs to soar as Australia’s population balloons

The AFR’s Infrastructure reporter, Jenny Wiggins, penned a detailed report over the weekend on how Australia’s cities are facing declining living standards and must shift from being car-based towards mass transit:

…as horrific bushfires rage around the country, filling cities with smoke, and the nation’s population of 25.5 million keeps rising – the Australian Bureau of Statistics forecasts it could potentially double by 2066 – our cities are struggling to stay liveable.

The economic cost of urban congestion, or hours wasted sitting in traffic, to the country over the next decade will be $86 billion – about 3.3 per cent of our gross domestic product, according to HSBC…

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