Australia needs to commit to spending $200 billion every five years on a range of infrastructure projects if it wants to keep pace with population growth.
At the moment, this congestion costs the economy $19 billion a year but if no more is spent on upgrades, that will double to nearly $40 billion by 2031. "The infrastructure program must do more than plug the immediate funding gap," Infrastructure Australia chief executive Romily Madew told reporters.
Well that’s where our taxes should go - to develop and maintain upkeep of infrastructure 😂 The high immigration growth just means we have more ppl who can contribute towards the maintenance of our roads, hospitals, schools 😂 so simple, yet so hard for some
Growth is primarily migration so hope they bring the funds with them coz the tax burden falls on citizens.
We are in trouble then aren’t we. Perhaps we do need to sign up to the Belt and Road Project.
Simply cut the ridiculously high rate of immigration. Problem solved. Next. auspol
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: smh - 🏆 6. / 80 Read more »
Source: SBSNews - 🏆 3. / 89 Read more »