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Investors - JUNE 24, 2019

Australia experiences biggest ever infrastructure boom

by Andrea Zander

Australia is experiencing an infrastructure boom reported ABC.

Queensland’s government committed to approximately $50 billion of infrastructure spending over the next four years, including $23 billion for road and rail.

Victoria’s treasurer said the state had $107 billion of state capital projects. New South Wales’ preliminary budget plan earmarked $93 billion for infrastructure over just the next four years.

The Commonwealth has re-committed to $100 billion of transport infrastructure spending over the next decade.

To read the full ABC article, click here.

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