CORRECT: Govt's capital programme $1.4 billion below expectations in March

Mon, 29 Apr 2019

(Fixes finance cost in 13th paragraph) By Paul McBeth April 30 (BusinessDesk) - The government's capital investment programme got even further behind in March, with new purchases of physical assets almost $1.4 billion below Treasury's December forecast. The Labour-led coalition has made upgrading ageing infrastructure a key plank to its policy platform, planning a $42 billion spend over five years to restore assets that have been left to wither over successive years. The Treasury's December forecasts anticipated a cash spend of $10.67...

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