The AUS$1.7bn Hunter Expressway in New South Wales cost five times more than predicted © Advanstra
The AUS$1.7bn Hunter Expressway in New South Wales cost five times more than predicted © Advanstra

AUS$28bn overspend on transport projects

24 October 2016

Australian government spending on transport infrastructure over the past 15 years has overrun forecasts by AUS$28bn, according to a think tank.

A report by the Grattan Institute Cost overruns in transport infrastructure analysed 836 projects valued at $20m or more and found that cost “blowouts” or overruns accounted for nearly a quarter of spending on these projects.

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