The Conversation
International · 1 hrs ago
✦ 78◉ Centre
To avoid future road, rail and renewable blowouts costing billions, Australia needs these 3 big fixes
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Australia's megaprojects have a poor track record of cost and schedule overruns, with a Deloitte report finding A$130 billion in blowouts across 13 publicly funded infrastructure projects; the article proposes systemic reforms to address this pattern.
To avoid future road, rail and renewable blowouts costing billions, Australia needs these 3 big fixes
Inland Rail Pty Ltd
Australia has a remarkably poor record of delivering megaprojects on time and on budget. It is a predictable outcome of a broken system.
Earlier this year, consultants Deloitte found the cost of 13 publicly funded road, rail and energy projects had blown out by A$130 billion more than their initial estimates.
Snowy Hydro 2.0, a renewable energy scheme initially costed at A$2 billion, was meant be completed by 2021. Instead, it’s still under construction, and some reports ha
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