Research undertaken by the National Institute of Economic and Industry Research (NIEIR) – as well as the broader body of economic literature – shows transport infrastructure is a core driver of long-run productivity growth in all economies.
This report aims to draw on NIEIR’s research to outline:
- the clear economic benefits of strategic public transport investment;
- the extent to which Australia has underinvested in public transport infrastructure since the 1980s, how this hurts us today and what we could miss out on tomorrow; and
- the new approach that is necessary to take up the opportunities and to take on the challenge today.
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