Petition request

That the House of Representatives inquire into the Reserve Bank providing financing towards significant infrastructure projects at zero, or near to zero interest rates.

Petition reason

In 2022, the Infrastructure Commission estimated we need $31B/year to tackle current and future infrastructure challenges. We think interest, much of it potentially to foreign lenders, could double that cost. To us, Reserve Bank funding at zero or near-zero interest would save billions, fund far more infrastructure than otherwise possible and deliver lasting public assets. We feel this will boost productivity, support communities and provide long-term economic growth; precedents exist for this.

Petition progress

  • Open for signatures
  • Closed for signatures
  • Select Committee
  • Reported
  • Referred to Minister
Number of signatures: 1604
Date presented: 22 Oct 2025
SC Report(s): 25 Jun 2026 (Final)
Closing date: 06 Sep 2025