The report warned that pursuing projects conceived pre-COVID – particularly those without a business case – made little sense given population growth had stalled and the way people commute post-pandemic may change.
“The danger is that governments are rushing to waste our money on what may turn out to be a herd of white elephants,’’ lead author of the report and Grattan Institute Transport and Cities Program Director Marion Terrill said.
“The key lesson is that megaprojects should be a last, not a first, resort.”