2018 CCF Victorian Infrastructure Outlook Report 1 | Page 16

2018 Victoria Infrastructure Report The eastern states – and particularly New South Wales and Victoria – are at the start of a tremendous wave in land transport investment, as shown in Figure 1.5, which is being supercharged by asset recycling strategies and strong growth in own source revenues from property taxes (in turn driven by robust increases in population growth). This boom in land transport infrastructure investment is drawing in resources from other states that will create its own challenges as other states begin to increase their own infrastructure investment. Ararat - Buangor Highway Duplication Source: The Courier 16