Infrastructure Australia has released a report that predicts the cost of congestion in capital cities could reach $53.3 billion by 2031 if measures to provide addititional capacity and manage demand are not implemented.
Demand for public transport is also predicted to rise significantly by 2031, with Melbourne’s use to increase by 121 percent and an average increase of 89 percent across all of Australia’s capital cities. During the same period, the total population is expected to reach 30.5 million.
The cost of congestion in Australia’s capital cities in 2011 was estimated to be $13.7 billion.
The findings released by the independent statutory body call for major reform of various facets of infrastructure policy to prevent negative implications over coming years.
“The Australian Infrastructure Audit has found that without action Australia’s productivity and quality of life will be tested, with population and economic growth set to cause increasing congestion and bottlenecks,” the report said. […]