Federal Infrastructure Minister Catherine King has downplayed any tensions with her state counterparts, after states erupted over $33bn in infrastructure cuts following an infrastructure review last year. At the time, NSW Premier Chris Minns was one of the most outspoken critics of the federal government, after 17 of the state’sContinue Reading
Interest rates risk going even higher unless the Albanese government works with the states to get the nation’s multi-billion dollar spend on roads, rail and bridges in order, the International Monetary Fund has warned. In its annual Australian “Economic Health Check”, the fund said while Australia was likely to avoidContinue Reading
A promise by the Albanese government to unveil mandatory pollution caps for new vehicles sold in Australia by the end of 2023 has been broken, sparking fears its landmark EV policy will be put on ice. In April, Labor committed to introducing a new fuel efficiency standard, with a favouredContinue Reading
Prime Minister Anthony Albanese has maintained there have been “no cuts” to Commonwealth funding for state infrastructure projects, despite furious cries from premiers calling on the federal government to reverse its decision to scrap co-funding to vital infrastructure projects. A review undertaken by federal Infrastructure Minister Catherine King, and releasedContinue Reading
The Albanese Government will ramp up its spending over the next decade to patch up small country roads that have fallen into disrepair amid extreme weather events due to climate change. Roads to Recovery funding will soon double to $1bn a year and the government will spend an extra $40mContinue Reading
An overhaul of the Commonwealth’s $120bn infrastructure pipeline will gut funding for 50 projects, but overall support will not be reduced, Infrastructure Minister Catherine King has said. NSW will be the worst hit by the infrastructure overhaul, losing 17 projects including highways, bypasses, and controversial commuter car parks. In Victoria,Continue Reading
Long-serving backbencher Russell Broadbent has quit the Liberal Party and will now sit on the crossbench. News of the move emerged late Tuesday morning and follows Mr Broadbent’s crushing preselection loss to Mary Aldred for the federal seat of Monash over the weekend that party room sources said was theContinue Reading
Treasurer Jim Chalmers has warned the government will have to cut back on some infrastructure projects to help trim inflation. Economists from the International Monetary Fund (IMF) urged the federal government to scale back on its record $30bn a year of public infrastructure spending, warning the economy was running farContinue Reading
Victorian Premier Dan Andrews has just three months to convince the federal government multi-billion dollar infrastructure projects across the state should continue to receive crucial funding. The number of projects in Victoria’s infrastructure pipeline has blown out from 150 to almost 800, prompting a review by federal Infrastructure Minister andContinue Reading
Hundreds of infrastructure projects across the country will be probed and potentially scrapped under a wide-ranging review commissioned by the Albanese government. The 90-day independent review, announced by Infrastructure Minister Catherine King, will probe the 10-year, $120 billion pipeline – which she said had been blown out from 150 projectsContinue Reading