Fixing the nation's infrastructure woes has been fast-tracked after yesterday's COAG, but the Government has been accused of wasting the budget surplus.
Nation Building has been a key theme of the Council of Australian Governments, with addressing infrastructure high on the agenda.
The $20 billion "Building Australia Fund" has been brought forward three months, with a list of national infrastructure priorities to now be finalised by the year's end.
National guidelines for dealing with infrastructure will be established, and capital infrastructure such as consumer credit will now be managed by the Federal Government.
But the Opposition has accused the Prime Minister of wasting the $22 billion budget surplus on the "pet projects" of his Labor state colleagues.