Infrastructure spending can be inflationary – Treasury

Treasury chief executive Caralee McLiesh presented last week to a conference hosted by the Infrastructure Commission. (Image: Supplied)

Oliver Lewis

Mon, 13 May 2024

The Treasury chief executive says investing in infrastructure can help boost productivity, but governments should be wary of stoking inflation.Speaking at a conference hosted by the Infrastructure Commission in Queenstown last week, Caralee McLiesh highlighted the government's affordability constraints and the need to invest in projects representing good value for money.In the past decade, she said, annual crown spending on infrastructure had grown three-fold to $13 billion. Crown agencies and departments had 103 projects under way worth $6...

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