Infrastructure Australia Corridor Planning Report
Infrastructure Australia are asking the right questions about Australia’s road and rail needs with its new report Corridor Protection says the Property Council of Australia.
“This is a compelling report that demonstrates how long-term planning can provide substantial savings to taxpayers in the decades ahead. Our corridors anticipate the long-term transport and infrastructure needs of the nation and ensures that we can meet them by planning now,” said Glenn Byres, Chief of Policy and Housing, Property Council of Australia.
“While High Speed Rail is the project most people focus on, the broader principles and other projects are just as critical.
“For the next twenty-five years, Australia will be building the equivalent of one city the size of Canberra every single year and we must plan and prepare for that coming growth now.
“We have seen ample evidence over the past half century that governments who protect corridors save taxpayers huge sums of money. This report is a vital and compelling reminder that corridor protection is the best way to protect taxpayers from escalating prices and land values.
“It is worth noting that Sydney’s second airport which is currently under way is only a viable infrastructure project today because of land decisions made by governments a generation ago.
“The projects identified in the report will be crucial to building the cities of future generations. They will be vital in helping connect markets, seed new precincts and open up more areas for the housing of the future.
“The report has been welcomed by both sides of politics and now the task is to begin the steady investment in corridors to ensure the future needs of our nation are met.”