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Budget 2018: Labor all talk on infrastructure



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The Hon Michael McCormack MP Deputy Prime Minister Minister for Infrastructure and Transport Leader of The Nationals

Federal Member for Riverina

The Hon Paul Fletcher MP Minister for Urban Infrastructure and Cities Federal Member for Bradfield

MEDIA RELEASE

The Hon Michael McCormack MP

Parliament House Canberra| (02) 6277 7520 | minister.mccormack@infrastructure.gov.au Suite 2, 11-15 Fitzmaurice Street, Wagga Wagga NSW 2650 | michael.mccormack.mp@aph.gov.au

10 May 2018

LABOR ALL TALK ON INFRASTRUCTURE

Tonight’s Budget-in-Reply has again shown Labor’s misunderstanding of how Budgets and infrastructure work.

Rather than detail major projects and investment streams Labor would create, the Opposition Leader’s speech was riddled with glib one-liners and an extraordinary lack of detail on infrastructure.

Labor continues to forget infrastructure spending requires agreements with State, Territory and Local Governments and payments are made from the Commonwealth only when milestones for construction are met.

Labor continues to forget projects require business cases and an independent umpire to assess whether the project proposal stacks up.

And Labor continues to forget there is on average $2 billion more investment in infrastructure each year, and more projects have been delivered, thanks to the Liberal and Nationals Government.

The Liberals and Nationals’ plan is good economic management, treats taxpayers’ money with the respect it deserves and includes a 10 year infrastructure investment pipeline which delivers the infrastructure Australians need.

Yet Labor’s plan apparently has all the rhetoric but none of the checks and balances.

By contrast the Liberal and Nationals Government invests taxpayers’ money in projects which bust congestion, build capacity and connects country communities.

We respect there is a role for other Governments to play - as well as the private sector - and markets and tenders are needed to ensure value for money.

Our infrastructure pipeline reflects that and actually builds it.

ENDS

Media Contact:

Mr McCormack - Dom Hopkinson - 0409 421 209 | Mr Fletcher - Belinda Merhab - 0428 458 745