Ooh, shiny! Infrastructure projects and the not-so-shiny cost-benefit analyses

Published: Aug. 1, 2022, 1:39 a.m.

b'Is it worth it? It\\u2019s the question that should be asked whenever governments come up with a shiny new infrastructure idea. But too often, major projects are announced as election promises, without evaluating the cost and the value of the project to taxpayers. \\n\\nAnd while cost-benefit analyses might not seem like the sexiest thing to accompany election promises, there\\u2019s a genuine opportunity for the new Prime Minister to reform infrastructure funding in Australia. \\n\\nHost Kat Clay is joined by Marion Terrill, Grattan\\u2019s Transport and Cities Program Director.\\n\\nRelevant research: \\nMegabang for megabucks: driving a harder bargain on megaprojects: https://grattan.edu.au/report/megabang-for-megabucks/\\n\\nRoundabouts, overpasses, and carparks: Hauling the federal government back to its proper role in transport projects https://grattan.edu.au/report/roundabouts-overpasses-carparks-hauling-the-federal-government-back-to-its-proper-role-in-transport-projects/'