Home' Future Building: The Australian Infrastructure Review : Issue 1 Contents Th
vision on the hill
" has seen
y a traveller
and burn along the road
, laid lo
w by unforeseen circumstances at their feet, while
mesmerised by the vision of a bright shining future.
many fellow travellers sustain a few injuries, whereas Australia has slipped through
with just a bit of a stumble and a wobble. Indeed still the lucky country.
Australia's economy has performed better than the economies of most developed
nations over the past 12 months. A report by global ratings agency Standard and Poor
recognised the Australian economy's resistance to recession, saying, "Australia has
been the best performing developed economy in the world in recent years."
Australia was one of only three of the 33 IMF advanced economies that recorded
growth in the year to September 2009. With the global dust storm settling, the big
vision for Australia's future may be getting a little clearer and perhaps looking a little
different. In a world of rapidly shifting geopolitical realities, visionary nation building is
now more needed than ever. We've done it before and it's time to do it again.
At the time of Federation, the most expensive capital works project in the new
Commonwealth of Australia was to cost the nation more than 21 million pounds. The
criticism from diverse quarters was unrelenting: it would never work, it would bankrupt
the treasury, there would be corruption.
And now back to the
nation building after the
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