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Infrastructure Australia's 2021 Priority List welcomed


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Infrastructure Australia’s 2021 Priority List welcomed
The Australian Government has welcomed today’s release of Infrastructure Australia’s (IA) 2021 update to its Infrastructure Priority List, showcasing the Government’s commitment to deliver nation-defining infrastructure while helping inform future investment priorities for all levels of government.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Priority List seamlessly couples with Australia’s infrastructure-led economic recovery from the COVID-19 pandemic.
“The Priority List drew on 124 new submissions received since the last edition’s release in August 2020, highlighting a $59 billion pipeline of investments for nationally significant priorities across a range of sectors including transport, energy, water, communications, housing and education,” the Deputy Prime Minister said. ....

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Cost-benefit does not add up: Three WA projects worth $1b fall short of priority list standards


Cost-benefit does not add up: Three WA projects worth $1b fall short of priority list standards
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The WA and federal governments will plough on with three road and rail projects worth a combined $1.067 billion in Perth and Albany despite the costs exceeding the expected community benefits.
Business cases presented to Infrastructure Australia for the $481 million Byford rail extension, $415 million removal of level crossings along the Armadale train line, and $171 million Albany Ring Road stated the benefit-cost ratio for all three proposals scored a rating of less than one. ....

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