Australia’s Push to Finance Infrastructure Projects Has Some Execs Worried about Free Market “Distortion”

The Australian reports, “Leading executives and directors in the infrastructure sector fear private sector investors may turn their back on financing major Australian projects if the federal government distorts the operation of the free market by financing, procuring and operating new developments. The government is preparing to spend billions of dollars on off-budget equity injections into non-financial public corporations to deliver a range of ­’nation-building’ infrastructure projects.”