Treasurer Andrew Barr is making the case for some borrowing to build the city of tomorrow.
Further, with the Commonwealth continuing its contraction the ACT Government’s contribution to the Territory’s economic growth will take on greater significance. Spending on large-scale infrastructure projects will therefore be a big boost to economic and jobs growth in Canberra.
Canberrans of the future will no doubt want a city with quality infrastructure and services. But providing this requires the foresight to take the long-term decisions to build the Canberra of tomorrow, and of 2033 and 2053. This requires the courage to think ahead and commit to building and funding important transformational projects.