Balanced News: Fifty infrastructure projects axed due to ‘economic vandalism’

The federal government has cancelled 50 infrastructure projects due to cost pressures and a lack of proper planning and costings. Infrastructure Minister Catherine King blamed the previous Coalition government for announcing projects without enough funding, calling it “economic vandalism.” The cuts were necessary to ensure the viability of 400 projects in the next decade. The government has accepted all of the review’s recommendations and maintained the same funding allocation for each state and territory. Queensland Treasurer Cameron Dick criticized the cuts and called for their reinstatement, but King stated that Queensland’s funding had not been reduced.