Author

Nigel Lake & Andrew Agnew

Title

Building Australia: Delivering infrastructure to support growth.

Synopsis

Australia has a pressing need for substantial infrastructure investment to support the nation’s long-term growth. Key areas include metropolitan road and rail transport networks, long distance inter-city travel, social infrastructure such as hospitals and schools, and national fibre consumer telecommunications. In the post-GFC environment, financing constraints mean that traditional public private partnership models (“PPP”) cannot be used for projects significantly larger than $2bn to $3bn. Indeed, for these projects the choice of a conventional PPP may constrain competition, increase pricing and place additional pressure on government balance sheets.