Funding for commuter car parks, regional dams and high-speed rail should be scrapped and governments should stop making dodgy assumptions when they allocate infrastructure spending, experts say.
With Treasurer Jim Chalmers flagging the need for tough decisions in the October 25 budget, Labor says it could scale back or scrap a range of Coalition infrastructure promises and controversial grant programs made before the May election.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com