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Port bidding frenzy may cost us

Michael Smith | The staggering price being paid for Australia’s port infrastructure is great news for cash-strapped governments and taxpayers, at least in the short term.

Michael Smith
Michael SmithHealth editor
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The staggering price being paid for Australia’s port infrastructure is great news for cash-strapped governments and taxpayers, at least in the short term.

But the long-term implications for the economy are still unclear, and overshadowed by the promise of a large capital injection which can be funnelled into badly needed infrastructure projects.

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