At a time of growing unemployment, resources prices falling and interest rates at near record lows, it beggars belief that anyone wouldn't agree with MASSIVE infrastructure spending ... NOW.
Cheap labour costs, affordable materials and a return on investment second to none - why haven't we seen/heard calls for substantial, nation building infrastructure projects? Some obvious suggestions:
- Stand Gauge Rail ACROSS Australia
- High Speed Rail between Capitals
- Massive Solar/Renewable Energy Generation Projects
- Hydro Plant on Burdekin Dam
These need to be on a grand scale with a 20-30 year payback on them but in doing so, not only would they instil confidence in business and ensure future productivity, but they'd also fill most with a sense of national pride (a la Snowy Mountains Scheme) which would further lift us out of the doldrums.
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