Home' Future Building Australian Infrastructure Review : Issue 1 Contents "At the same time if the private sector risk isn't balanced then
it will not attract investment. Transference of risk is a part of the
model. If the government holds onto all the risk it begs the question,
why would you proceed down the PPP track?" says Mr Albanese.
Improved living standards are also high on the federal
government's agenda. Demographic predictors say that 60 per
cent of people will inhabit the urban sprawl by 2030. As such, a
key component of the government's $42 billion Nation Building
-- Economic Stimulus Plan focuses on community infrastructure
investment, to give the functionality of cities a makeover.
Many challenges lie in providing health, education and
community facilities that meet the needs of a population that is
predicted to increase by more than 60 per cent by 2050.
As such, the Federal Government is taking a much more hands-
on approach to urbanisation, not leaving urban planning and the
integration of transport, housing and employment growth solely up
to state governments.
So far, more than a billion dollars worth of infrastructure
programs are being implemented at local government level. Out of
the 3,300 approved projects across 565 councils, 2,800 have been
completed. Community centres, town halls, parks and playgrounds,
overhauls. The largest grant, $36 million, was allocated to build the
Gold Coast AFL Stadium, owned by the council.
Other projects include streetscaping of suburban main streets,
and increased disability access. In some projects sustainability
initiatives such as solar panels and water recycling plants are
"One of the great things about the local government program
is that it formed a large part of the Economic Stimulus Plan, so the
work could be done quickly and have an immediate impact on
communities and jobs across the country," says Mr Albanese.
There has also been record investment in school infrastructure
as part of the Building Education Revolution, with $16.2 billion
being spent on the upgrade of schools across the nation. This
includes the Primary Schools for the 21st Century program
with 7,961 primary schools receiving funding, and 537 science
laboratories and language learning centres currently being built
or refurbished under the Science and Language Centres for 21st
Century Secondary Schools program.
Work has been rolled out at lightning speed, with the
government expecting the upgrades to take place within a couple
of years for more than 24,000 projects.
"If there was a theme describing the government approach to
infrastructure, large or small, it would be creating jobs today while
supporting the infrastructure that we need tomorrow. Short-term
investment helps to build productivity and economic growth for
's infrastructure challenges
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