UDIA calls for national ur­ban in­fra­struc­ture fund

Port Douglas & Mossman Gazette - - FRONT PAGE -

THE Ur­ban De­vel­op­ment In­sti­tute of Aus­tralia (UDIA) is urg­ing all sides of pol­i­tics to con­sider new ways to fi­nance in­fra­struc­ture in­vest­ment, such as the es­tab­lish­ment of an Ur­ban In­fra­struc­ture Fund.

Ac­cord­ing to UDIA national pres­i­dent Julie Katz, in­fra­struc­ture in­vest­ment in cities around the coun­try has strug­gled to keep up with pop­u­la­tion growth in re­cent years.

‘‘As Aus­tralia’s cities have grown rap- idly over the past decade, crit­i­cal in­fra­struc­ture has been put un­der in­creas­ing strain,’’ said Ms Katz.

‘‘In the com­ing years, hun­dreds of bil­lions of dollars will need to be in­vested in key in­fra­struc­ture such as roads, pub­lic trans­port, com­mu­nity fa­cil­i­ties, and elec­tric­ity, wa­ter and com­mu­ni­ca­tions net­works if we want to en­sure that Aus­tralian cities re­main world class places to live and do busi­ness.’’

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