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December 20, 2008
Infrastructure Australia has announced the state infrastructure submissions to be financed by the Commonwealth---there are 94 projects worth about $200billion down from the initial 600. The Rudd Government had already ruled out at least 66 of the 94 projects and it refused last night to say which 28 projects it had decided were ''suitable for funding'' from the $12.5billion Building Australia Fund. Nor would it reveal which it had classed as ''priority projects'' ready to proceed.
Judging from the list in the AFR under Laura Tingles article this has turned out to be worse than I 'd expected in that none of the state's main priorities bothered to address climate change. These proposals to rebuild Australia are mostly about transport and roads with rail infrastructure second. Many appear to be the state's pet projects with many lacking any economic analysis to demonstrate the case for funding. Many of those that had, the supporting evidence was weak according to Infrastructure Australia.
So either the left hand doesn't know what the right hand is doing, or this infrastructure rebuilding (modernising) is another exercise in compensation for past failure and sugar coating ----handouts----that makes the Rudd government look more like the Howard Government. Money is put before reform (structural change) and public accountability.
What is appears to be lacking with Rudd is a state guiding the economy in the direction of a low greenhouse emission economy. Will the funding for state infrastructure be as over the top as the recent compensation deal for heavy polluters in the climate change white paper?
So either the left hand doesn't know what the right hand is doing , or this infrastructure rebuilding (modernising) is another exercise in compensation for past failure and sugar coating ----handouts----that makes the Rudd government look more like the Howard Government. Money is put before reform (structural change) and public accountability.
What is appears to be lacking with Rudd is a state guiding the economy in the direction of a low greenhouse emission economy. Will the funding for state infrastructure be as over the top as the recent compensation deal for heavy polluters in the climate change white paper?
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Gary, you ask: "Will the funding for state infrastructure be as over the top as the recent compensation deal for heavy polluters in the climate change white paper?"
I dunno, but I wonder if Big Carbon and the large construction contractors have in common. Publication of political donations might find something.