To cut straight to the chase, the ‘correct’ answer is $15 billion. Or at least that’s the widely accepted estimate. It’s cited in this 2010 story quoting the Chairman of Infrastructure Partnerships Australia, Mark Birrell; in this 2011 interview with former Deputy PM and rail enthusiast, Tim Fischer; and more recently in this submission by the [...]
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INFRASTRUCTURE PARTNERSHIPS AUSTRALIA
HSR feasibility study: what should it address?
There’s a long history of rent-seeking in Australia over major projects. Business puts a lot of effort into lobbying government and the media to subsidise projects the private sector wouldn’t otherwise touch with a bargepole. So when IPA (Infrastructure Partnerships Australia) – the nation’s peak infrastructure lobby group – releases a new study calling for [...]
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