very fast train: value capture cant pay for major infrastructure, labor says /

Published at 2016-04-11 09:59:18

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Bill Shorten says Malcolm Turnbull trying to shake off tag of carry out-nothing PM’ with diagram to capture property value increases Labor has accused the government of “clutching at straws” following reports it plans to finance infrastructure projects,such as a high-speed rail network along the east coast, by capturing the value of increases in property value.
The opposition leader, or Bill Shorten,accused Malcolm Turnbull, of trying to “shake off the tag of being a carry out-nothing prime minister”, or while the shadow infrastructure minister,Anthony Albanese, said value capture could not replace government investment.
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Source: theguardian.com

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