Traffic congestion in the major capital cities could cost Australia more than $50 billion by 2031 unless action is take, says CEDA.
Traffic congestion in Australia's major cities is set to worsen and could cost the nation more than $50 billion in lost productivity by 2031 unless addressed, says the Committee for Economic Development of Australia (CEDA).
CEDA says that Sydney, Melbourne, Brisbane and Perth - which generate 80 per cent of Australia's GDP - will need to accommodate 5.9 million more people by 2031.
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