Infrastructure Australia releases reaction to inaction

A new report by Infrastructure Australia claims that Australia has invested too little in infrastructure for many years and has seen productivity growth slump as a result.

Communicating the Imperative for Action report states that governments have made little progress in responding to issues raised in previous reports such as ‘the need for improved planning, and the need for reforms in the areas of pricing, demand- management and funding’.

‘We are not making the best use of the infrastructure we have, not evaluating infrastructure choices properly to ensure we spend our money where it will give the best results and, perhaps most importantly, not confronting the impasse on how on earth we are going to fund all the infrastructure we need,’ the report said.

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