Federal Urban Infrastructure Minister Paul Fletcher and Prime Minister Malcolm Turnbull are eyeing value capture as a way to fund projects, but how will they sell a new tax to voters?
Consider these home truths: value capture is a tax, it would need to apply to the family home and deciding which areas it covers would be politically contentious. A broad-based land tax is simpler.
Political calculations drove the Abbott and Baird governments’ decisions on investing taxpayers’ money in the WestConnex project.
Reckless government investment decisions are sadly the norm when it comes to transport infrastructure. Three key checks on the decision-making process can help ensure taxpayers get value for money.
Tony Abbott opens the campaign office for Liberal candidate Ken Wyatt in 2010. Now he and all incumbent MPs enjoy a $300,000 advantage over their challengers at the next election.
'Better Communities' funding is supposedly non-partisan: every electorate gets $300,000 for local projects. But only incumbent MPs have a say in this spending and 60% of them are government members.