The government blames laggard states, bottlenecks, regulatory hurdles and the chaos of COVID-19 for punching holes in its infrastructure spending plans.
Another year, another round of eye-watering pre-budget news releases aimed at producing splashy headlines.
This year is no different, with the Morrison government announcing plans to borrow an extra $10 billion to take its decade-long infrastructure program to $110 billion.
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Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com