Tag: infrastructure funding
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New Bill Aims to Modernize Road User Charges and Digital Tracking
Overview of the Bill A new legislative proposal seeks to overhaul how road tolls are collected in the country by expanding Road User Charges (RUCs) and moving toward a digital tracking system. The Land Transport (Revenue) Amendment Bill, introduced to Parliament, would simplify tolling processes for drivers while strengthening the government’s ability to monitor and…
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Fears Over Development Funds Being Diverted from Melbourne Growth Corridors
Overview Concerns are mounting that hundreds of millions of dollars earmarked for vital infrastructure along Melbourne’s expanding growth corridors could be redirected to projects elsewhere in the city. The debate centers on the Victorian government’s proposal to grant itself greater authority to spend funds collected from developers, a move supporters say could streamline payments and…
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Fears Mount as Funds for Melbourne’s Growth Corridors Could Be Diverted to Other Projects
Overview: The Alarm Over Potential Diversion of Growth Corridor Funds A growing debate is taking shape around the allocation of funds earmarked for Melbourne’s expanding growth corridors. Local leaders and residents are voicing concern that hundreds of millions of dollars intended for vital infrastructure could be redirected to projects outside these corridors, potentially slowing development…
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Fears grow as funds for Melbourne growth corridors could be diverted to other projects
Overview: A looming budget shift for Melbourne’s growth corridors Melbourne’s rapidly expanding outer suburbs rely on a steady stream of infrastructure funding. But recent discussions at the state level have raised concerns that hundreds of millions of dollars collected from developers to support growth corridors could be diverted to projects elsewhere in the city. The…
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Manitoba Bets on the Stars: Gulliver Observatory to Get a New Dome with $100,000
Manitoba Supports a Key Piece of the Province’s Scientific Infrastructure The Manitoba government has announced a $100,000 investment to replace the protective dome at the Gulliver Astronomical Observatory, the province’s largest public telescope facility. The partnership with Brandon University aims to ensure long-term access to the dome-equipped telescope for students, researchers, and curious stargazers alike.…
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Remulla Ties Escudero Money Trail to Flood Control Mess: Investigation Ongoing
Background Ombudsman Jesus Crispin Remulla announced on Tuesday that his office has traced a money trail linking Senator Francis “Chiz” Escudero to issues surrounding flood control projects. While stress ing that the investigation is still in progress, Remulla indicated that statements and financial trail data have been collected as part of a broader probe into…
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Uganda Parliament Approves Record Shs11 Trillion Loan, Raising Public Debt Concerns
Overview: A Record Loan for Uganda Uganda’s Parliament has approved a substantial new borrowing package, approving roughly Shs11 trillion in loans within a tight three-day window. The move, designed to fund diverse development projects, pushes the country’s public debt higher and raises questions about debt sustainability and the long-term impact on public finances. Debt Growth…
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Africa’s Infrastructure Financing Challenge: Lourenco Calls for Urgent Collective Action
Overview: Africa’s Infrastructure Financing Gap At the Luanda Summit on Financing for Infrastructure Development in Africa, President Joao Lourenco of Angola and chairperson of the African Union underscored a persistent, systemic problem: Africa faces a substantial financing deficit for infrastructure. While the continent is rich in natural resources and young, dynamic talent, the capital required…
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Snowy 2.0 cost blowouts force fresh funding push now
Overview: Snowy 2.0 cost blowouts push funding higher Snowy Hydro has disclosed that the Snowy 2.0 renewable energy project will require additional funding after cost overruns pushed the program beyond previous financial targets. The company has ordered the principal contractor, Future Generation Joint Venture (FGJV), to conduct a line‑by‑line reassessment of the project before any…
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Snowy 2.0 cost blowouts deepen funding challenge
Escalating costs push Snowy 2.0 beyond forecast Snowy Hydro has warned that the Snowy 2.0 renewable energy project will require additional funding as its price tag continues to spiral beyond earlier projections. The project, which began with a modest headline figure and has already swings between multi‑billion forecasts, is facing a fresh line‑by‑line reassessment before…