The ALP has unveiled that it plans to axe the Abbott-era Northern Australian Infrastructure Facility and replace it with a new fund if it wins government next month.
The operation started in 2016 but has been criticised over its governance and slow progress, with only one project lined up by the start of 2019.
Labor leader Bill Shorten says “the NAIF has been an abject failure” and proposed to replace it with a development fund that will cover major projects across Queensland, the Northern Territory, and Western Australia.