Thomas Coghlan

And so that is probably the big ticket item, which is weighing down on that fund.

And it is one of the reasons why when Labour's asked that question, what's going wrong here?

The government says there's no money for this.

Labour can point around and say, well, who's the reason there's no money here, mate?

You know, you're the ones who have pledged all that money.

Now, the coalition can equally turn around and say, actually, at the 2023 election, Labour also over-pledged money from that fund.

They had something called the Strategic Investment Priorities Fund.

which were $50, $60 billion worth of transport projects.

Only, I think, single-digit billions worth of money was actually funded towards that.

So it was sort of about 10% of it was funded.

The rest was wishful thinking, I guess.

So there's been a bit of a...

Both sides are pointing the finger at each other really about the same issue, which is that there is this pot of money.

It is very contested.

It's shrinking as well because as cars become more fuel efficient, we actually pay less fuel tax.

So the problem is actually coming.

We're not raising enough money on one hand and we're spending too much money on the other.

And both sides are pointing the finger at each other and saying, well, you know, who broke this?

And the answer is that they sort of both did.

If you've been watching the news and following the breadcrumbs, you will have noticed, you know, Chris Bishop and the Transport Minister and Nicola Willis sort of talk about the challenges in transport.