Home' Future Building: The Australian Infrastructure Review : Volume 8 Number 1 Contents futurebuilding
New South Wales Treasurer
projections say that this future could be here as close as the
2030s, but we are not there yet.
This is evident in the recent blackouts that have occurred,
and the actions taken by the Federal Government to try to
guarantee energy supply through projects such as Snowy
Hydro 2.0 and the Liddell Power Station.
Current energy policy settings are having the effect that
was intended – to disincentivise traditional sources of power
generation by making them economically unviable.
But this heavy-handed approach is having real impacts on
families, communities and industry.
In a first-world country, our citizens have the right to
affordable, reliable and secure energy.
While the 2030s are not far away, we have to be realistic
in the meantime – we cannot stand by and accept 20 years of
rolling blackouts and crippling energy bills.
It makes sense to continue investing in traditional sources
of energy generation, while at the same time managing the
transition to a renewable future.
Right now, our main priority should be ensuring the reliability
of our energy supply. I also agree with Professor Gary Banks AO,
who said earlier this year at Infrastructure Partnerships Australia’s
Annual Infrastructure Oration: ‘The inconvenient truth is that the
increasingly high prices for increasingly unreliable electricity
are a direct consequence of the increasingly high utilisation of
renewable energy required by government regulation’.
Whether it’s pink batts, school halls, the National Broadband
Network (NBN) or the energy market, ill-thought-out government
interference in private markets for purely ideological purposes
almost never ends well, especially for the end consumer.
They say the road to hell is paved with good intentions – I
believe it’s also paved with government interventions.
Our infrastructure agenda has been instrumental in securing
our current and future prosperity. It is the cornerstone of our
solid budgetary position. It is helping us build the city and state
we all want to live in, and it has catapulted New South Wales
from last to first.
CBD and South East light rail. Source: Transport for NSW
Dominic Perrottet – New South Wales Treasurer and Minister for Industrial Relations
Dominic Perrottet grew up in the Hills District, and was educated at Redfield College and Oakhill College, before graduating from Sydney University with a
Bachelor’s degree in Commerce/Law.
Before entering Parliament, Mr Perrottet worked as a solicitor at Henry Davis York Lawyers in the areas of banking restructuring and insolvency law.
At university, Mr Perrottet became involved in student politics and served as a member of the Student Representative Council, and was elected president of the
Sydney University Liberal Club. He was also elected as the President of the New South Wales Young Liberal Movement, and served on the State Executive of
the New South Wales Liberal Party.
In March 2015, Mr Perrottet was elected as the State Member for Hawkesbury (having been elected as the State Member for Castle Hill in 2011), and in April
2015, was appointed as the State Minister for Finance, Services and Property.
In January 2017, Mr Perrottet was elected Deputy Leader of the New South Wales Liberal Party and appointed State Treasurer and Minister for Industrial Relations.
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