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The Guardian - AU

National

Paul Karp Chief political correspondent

Infrastructure projects face axe amid $33bn in cost blowouts, Catherine King says

Catherine King Cameron Dick Labor Inflation

Catherine King at a press conference at Parliament House — Catherine King says she has made no guarantees to save particular states or infrastructure projects from cuts. Photograph: Mick Tsikas/AAP

Major cuts to infrastructure projects will be needed due to at least $33bn of cost overruns and to help fight inflation, the Albanese government has conceded.

The infrastructure minister, Catherine King, confirmed that some of the 250 projects that have not begun construction in the $120bn pipeline will need to be cancelled or delayed as a result of the infrastructure review to be released “shortly”.

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