Australia Can Build Its Way Out of Trouble – WSJ.com

In a recent report, ANZ estimates that Australia needs to spend about 600 billion Australian dollars (US$626 billion), or the equivalent of 8% of GDP, over the next five years to bring its infrastructure “up to acceptable standards.” It argues that the country needs to invest around 1% of GDP annually just to improve its road network over the medium term.

via Australia Can Build Its Way Out of Trouble – WSJ.com.