Bridging the infrastructure spending divide will test minister Catherine King.Credit:State Library of New South Wales
That was when then-treasurer Josh Frydenberg ate political crow by killing four railway station car parks he had promised to his Melbourne electorate. For $65 million,they were going to deliver about 2000 extra parking spaces.
It quickly became apparent that the car parks would struggle to ever be built. Never properly planned (one was for a railway station that the state government planned to close) or costed,they were a prime example of governments trying to use infrastructure to woo voters.
Another five commuter car parks were axed by King on Thursday. There’s unlikely to be a political cost as voters have largely come to the conclusion they could never be built.
But getting rid of five imaginary car parks is the easy part for the government.
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King now has to explain how a country,groaning under the weight of record rates of migration,will trim almost $11 billion worth of infrastructure spending,pump more money into a select few projects and put a question mark over the future of more than 30 other road and rail proposals.
On the economic side,everyone from the Reserve Bank to the International Monetary Fund has been saying the avalanche of projects on the books of the federal government,the states,local councils and the private sector is a crushing burden.