The ACT Government has announced that infrastructure projects will be pushed back in the territory in an attempt to save $700 million over four years, to prioritise housing and the new Northside Hospital.

The Property Council of Australia has backed the local Government’s move to reset its infrastructure program.

However, they’ve warned that certainty, sequencing and strong conditions for private sector investment will be critical to maintaining jobs, housing supply and industry capability.

Property Council ACT and Capital Region Executive Director Ashlee Berry says delaying projects cannot be allowed to lead to lost momentum and lost certainty in the pipeline.

Casey in North Canberra is one of the hardest hit areas, which will have to wait longer for its promised new Emergency Services station, Health Centre and indoor sports facility.

Meanwhile the Kingston Arts Precinct will now be staged over a number of years, although land will be released for the new multi-storey carpark and artist housing.

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