Extended Infrastructure Spend

I read an interesting report last week that was discussing Australia spend on infrastructure projects. In 2017 it was anticipated that infrastructure spend was going to peak at $16 billion in 2019. However, it is now anticipated that this spend will reach $22 billion in 2022. That is nearly a 40% increase in spend. This will have a positive effect on unemployment and the economy. It is noted that the majority of this spend is in the major capital cities. Hence, these are the place that you need to be investing.