“It is important to invest in infrastructure, but we have to make the right choices on projects, as part of a broader economic growth strategy,” Treasurer Scott Morrison said recently during his budget address.

We couldn’t agree more. When it comes to infrastructure spending, our choices must be based on delivering value for money to the taxpayer. But that means measuring the success of projects across a wide range of metrics. Economic growth is just one of them. The Australian Government has been talking…