The Albanese government’s infrastructure review has recommended 82 projects should be cancelled, after finding the $120 billion program unsustainable in its current form.
Construction has not started on these projects. The review recommends the savings be used to provide “headroom” in the program which is facing a large cost overrun.
The review recommended 100 projects, not yet under construction, should go ahead, while a further 56, also unstarted, should proceed but on the basis that identified risks are addressed satisfactorily.
Thirty six projects, not under construction, should complete planning, detailed costings, and rescoping, with the allocated funding used for “headroom”, the review says.
The government says it accepts all the review’s recommendations in principle and will announce details on Thursday.
The review estimates a $32.8 billion cost blowout in the program, of which an estimated $14.2 billion is on projects not yet under construction.
The report says the ten-year pipeline of projects “cannot be delivered within the $120 billion allocation, even with current contributions from jurisdictions”.
“The Australian Government cannot afford within the current program settings, to meet the identified cost pressures, nor add any new projects for delivery to the pipeline in the next ten years, without significant changes taking immediate effect,” the report says.
Some projects “do not demonstrate merit, lack any national strategic rationale and do not meet the Australian Government’s national investment priorities.
"In many cases, these projects are also at high risk of further cost pressures and/or delays. A number of projects were allocated a commitment of Australian Government funding too early in their planning process and before detailed planning and credible design and costing were undertaken.”
The review says the federal government can cease or pause federal funding to projects, to create “headroom for reallocation to merit-based projects, to fund construction once planning, design and detailed costings are complete or to relieve some of the estimated cost pressures on current projects”.
The government says it will not cut the overall size of the A$120 billion program. It is committing extra funding for a number of projects.
The government has been in discussions with the states and territories over the revamping of the program, with the Queensland government – which faces an election next year – warning against cuts to its state.
Among the projects the government says it is maintaining are the Melbourne Airport Rail Link, the Milton Ulladulla Bypass, the Singleton Bypass, the Muswellbrook Bypass and the Tasman Bridge Upgrade.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 



