Antinuclear

Australian news, and some related international items

$40 billion a year needed for infrastructure to catch up with our population growth

$40 billion a year needed for infrastructure  to catch up with our population growth, SBS News, 13 Aug 19Infrastructure Australia has warned a new wave of investment and planning reform is needed for the nation to keep pace with population and economic growth.

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.

Infrastructure Australia has warned a new wave of investment is needed to ensure roads and public transport, schools, water, electricity and health services support people’s quality of life and economic productivity.

The most visible example of the impact of poor infrastructure is the increasingly congested roads and crowded public transport in our biggest cities, the 2019 Australian Infrastructure Audit published on Tuesday says.

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.

Less visible but just as frustrating to people are hospitals and schools that are ageing or reaching capacity, overcrowded parks and city green spaces, ageing water pipes, and the quality of services like the NBN……..

Planning problems have occurred because population projections have traditionally been based on past growth areas, whereas actual growth has been faster and in different areas than anticipated. ……..https://www.sbs.com.au/news/40-billion-a-year-needed-for-infrastructure-to-catch-up-with-our-population-growth

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August 13, 2019 - Posted by | AUSTRALIA - NATIONAL, politics

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