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Smart money: a better way for Australia to select big transport infrastructure projects

  • Written by Marion Terrill, Transport Program Director, Grattan Institute
Smart money: a better way for Australia to select big transport infrastructure projects

Australia needs to change the way it assesses potential infrastructure projects, to ensure that governments can better understand which road and rail projects are worth building.

One way would be to make long-overdue changes to how we value the impact of infrastructure on future generations. This is done through the choice of a “discount rate...

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