Federal government to slash 50 infrastructure projects due to cost blowouts
by Sarah Basford Canales and Benita Kolovos from on (#6GDFB)
Minister Catherine King releases independent review while suggesting Coalition engaged in economic vandalism' by announcing projects it couldn't deliver
- List: the 50 projects being cut
- Follow our Australia news live blog for the latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
The Australian government will slash 50 high-risk infrastructure projects across the country with $7bn in savings put toward other nation-building" projects, the infrastructure minister, Catherine King, says.
The $120bn infrastructure pipeline was facing $33bn in cost blowouts and delays, an independent review released by King on Thursday found.
Continue reading...