Minister Catherine King releases independent review while suggesting former Coalition engaged in ‘economic vandalism’ by announcing projects it couldn’t deliverFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Australian government will slash 50 high-risk infrastructure projects across the country with a further 56 under review, 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…
Source link : https://www.theguardian.com/business/2023/nov/16/federal-government-to-slash-82-infrastructure-projects-due-to-cost-blowouts
Author : Sarah Basford Canales
Publish date : 2023-11-15 23:21:16
Copyright for syndicated content belongs to the linked Source.
Federal government to slash 50 infrastructure projects due to cost blowouts
