A long-awaited review into Infrastructure Australia will be released by the end of the year, according to Infrastructure Minister Catherine King, who said her role was to bring “coherence” to a national $123 billion infrastructure pipeline.projects could overheat the already over-stretched construction market, and that rising labour and material costs was a risk to projects across the country.
At a time when the Albanese government has shown a willingness to scrap big ticket projects put forward by the former government, she reiterated a commitment to high-profile projects including the Inland Rail project. When asked about caps for the cost of the project, she said the government would wait for the return of a report under way by company executive Kerry Schott before deciding on potential cost constraints.When asked about the Victorian government’s Suburban Rail Loop which has a 30-year development timeline, King said the government remained committed to the project and denied her support had anything to do with the upcoming state election on Saturday.
He described the sector as “very much in a time of flux” and said difficult market conditions would prompt service providers to collaborate and consider alternative models of investment and service delivery.
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End cherry-picked business cases to level infrastructure playing fieldWhat do Suburban Rail Loop, Inland Rail, and East Coast High Speed Rail have in common? A lenient discount rate that helps them appear to stack up on economic grounds. 4% was still too high given government could borrow at substantially lower rate for the past two years..should have fast track these projects that would benefits the communities immensely
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Anthony Albanese wraps up meetings at APEC SummitPrime Minister Anthony Albanese has wrapped up his overseas tour with the APEC Summit concluding in Bangkok, Thailand. Sky News Political Editor Andrew Clennell says Mr Albanese will now fly back to Canberra with a busy last two sitting weeks for the year. WEF pig 🖕 Can we not get them to keep him for a bit longer? He's on the bongs
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APEC summit concludes in BangkokPrime Minster Anthony Albanese has wrapped up his overseas tour with the APEC summit concluding in Bangkok. Does he live in Australia? Where’s the rent a girlfriend. Get left home this holiday I assume he's off to the Football World Cup now, is he? 🤞
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