Get smart or face infrastructure chaos

With budgets getting squeezed tighter and tighter, governments are likely to shy away from funding large-scale infrastructure projects. For Philip Lowe, the key is not avoiding debt but spending more wisely.

Governments are spending a lot on infrastructure but not getting bang for their buck. The result is an inefficient public transport system, too much congestion on our roads and internet infrastructure that is pretty embarrassing. Reserve Bank of Australia (RBA) deputy governor Philip Lowe today called for smarter infrastructure investment.


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