Advertisement
During the election campaign, Anthony Albanese promised to inject $2.2 billion into the first stage of Dan Andrews’ Suburban Rail Loop – a 90 kilometre orbital rail system that would run underground between Cheltenham and Werribee at a cost of up to $120 billion:
“This project will change how Melburnians live and how they interact with their city,” Mr Albanese said.
“I won’t be a prime minister that uses infrastructure to play political games, I will be a prime minister who invests in the projects that matter”…
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.