Australia’s Strategic Liberal Budget Surplus: A Product of Prioritization, Cancelled Activities, and the Cost of Underestimation
Are Budget Surpluses Truly a Win?
Behind Australia's celebrated budget surpluses lies a deeper story of project prioritization, cost blowouts, and cancelled investments. From the $368 billion nuclear submarine program to the delays and spiralling costs of Snowy Hydro and the NBN, taxpayers are left with less value for more money.
Over 74% of the last 24 years saw Liberal governments in charge, laying the groundwork for today's financial challenges. Is it time for a rethink on fiscal strategy, accountability, and project governance?
Dive into our latest white paper to uncover how Australia’s current situation is a product of mismanagement and underestimation—and what we can do to fix it.