Deloitte tips massive infrastructure boom

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Deloitte Access Economics has forecast that public sector investment in infrastructure will increase by 20% 2020-21 and 13% 2021-22. By comparison, private sector investment in infrastructure is tipped to fall by 2.6% in 2020-21 followed by growth of 12% in 2021-22.

Deloitte says there is currently more than $180 billion worth of public infrastructure projects currently underway nationwide, but this will top $250 billion in 2022:

Australia's infrastructure boom

The value of infrastructure projects is tipped to boom over the next two years.

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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.