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Infrastructure funding based on the national interest

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Mr Alexander, chair of the House of Representatives’ Standing Committee on Infrastructure, Transport and Cities, supports a proposal by Reserve Bank governor Philip Lowe to run major infrastructure funding like monetary policy, at arm’s length from the government.

Ministers would still need to sign off on projects but non-partisan experts would be responsible for deciding which major projects deserved funding.

This would give voters faith that infrastructure projects were based on advancing the national interest rather than short-term political calculations.

https://www.smh.com.au/politics/federal/liberal-mp-politicians-addicted-to-buying-votes-take-spending-out-of-their-hands-20220325-p5a7wc.html



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