We expect growth in the global economy to remain subdued out to 2026.
Insight
Roads are the major focus within the infrastructure segment taking a 95% share of commonwealth grants over the next five years.
Overall infrastructure received little attention in this year’s budget. Northern Australia will see significant works take place with the intention to underpin further agricultural development in the region. For further information read the NAB fact sheet on infrastructure.
To find out what it means for infrastructure, download the fact sheet:
For more Federal Budget insight and analysis, visit our Federal Budget hub
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