Although Australia’s tax-to-GDP ratio is low by international standards, no-one wants to discuss how we might pay for the improvements needed to public transport, and even less the need for taxation to…
Last week the IMF revised its 2014 global economic growth forecast down to 3.3% from the 3.7% expected six months ago, confirming that most economies around the world, Australia included, continue to underperform…
Australia’s G20 infrastructure agenda aims to increase quality investment into global projects. The agenda advocates using the private sector to develop infrastructure in order to boost global growth and…
Infrastructure investment is failing to attract the funding it needs to support global growth. As of June 2014, the managed funds industry in Australia had just over $2.4 trillion dollars under management…
In his victory speech on election night last September, prime minister Tony Abbott declared Australia was “under new management and … once more open for business”. There were, of course, specific promises…
When Australian prime minister Tony Abbott came into office last year his aim was to be remembered as the “infrastructure prime minister”. In the Coalition’s September 2013 policy to “Deliver the Infrastructure…
The growing extent to which our day-to-day infrastructure is computer-controlled and internet-connected leaves it open to the possibility that malicious hackers could intercept data or take control of…
Shadow infrastructure minister Anthony Albanese is already mapping out policy for a future Labor government, challenging in particular the priority Tony Abbott has given to roads and stipulating greater…
It’s perhaps fitting that mining magnate Andrew Forrest is in the vanguard of a move to position Australia as a major food supplier to China. Fitting, because if the plan is to work, Australian agriculture…
It is three weeks since the current Israeli offensive against Gaza began on July 8. But it is now eight years since Israel began its blockade of Gaza. Since then unemployment has risen, public infrastructure…
Chinese President Xi Jinping has just returned from his second state visit to Latin America, having achieved what no other leader could. His dash through Argentina, Brazil, Venezuela, and Cuba has breathed…
Public transport has a problem with money. Campaigners often argue that mass transit is a public good in its own right, and hence should be very cheap or even free. Mainstream media and even many self-proclaimed…
UPDATE: This piece originally said the Asset Recycling Initiative had been passed by the Senate. Subsequent to publication, the amended legislation was rejected by the House of Representatives. The piece…
The 2014 federal budget was informed by the need to think long term and was accompanied by austerity rhetoric. Regardless of where you stand on the merit of austerity policy in affecting economic recovery…
One of the many challenges facing the Australian economy over the next decade or two concerns investment in transport, electricity, water, communications, health and education, and other infrastructure…
It is often argued that Australia’s construction sector productivity is lower than most other developed countries, such as the US. While there are many factors involved, Australia’s overall productivity…
The Pilbara has had a remarkable boom in recent years, but with the current slowdown comes questions about its long-term future. The need to diversify the local economy is obvious, but how do you do this…
The 2014 Budget has been variously celebrated and reviled as a “budget for corporate Australia”. But this assessment is based on the premise that corporate tax cuts and infrastructure spending will provide…
Treasurer Joe Hockey’s first budget creates a clear path almost to a surplus. Our children will pay much less for current spending. Real political courage was required to get this far. But the budget also…