Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
Business
Sarah Basford Canales and Benita Kolovos

Federal government to slash 50 infrastructure projects due to cost blowouts

Australia's infrastructure minister Catherine King
Infrastructure minister Catherine King says the federal government will slash 82 infrastructure projects. Photograph: Mick Tsikas/AAP

The Australian government will slash 50 high-risk infrastructure projects across the country with $7bn in savings put toward other “nation-building” projects, the infrastructure minister, Catherine King, says.

The $120bn infrastructure pipeline was facing $33bn in cost blowouts and delays, an independent review released by King on Thursday found.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.