Home' Future Building: The Australian Infrastructure Review : December 2010 Contents 4 futurebuilding DECEMBER 2010
Welcome to the second edition of Future Building, the journal
of Australia's infrastructure sector.
2010 has been a strong year -- even in the wake of global
turbulence in capital markets.
The resilience of the infrastructure sector -- public and private
-- has seen projects continue to come to market and continue to
be competitively bid, fnanced and delivered.
Most of Australia's governments are to be recognised and
commended for holding their nerve on major capital projects. But
in spite of this strength and resilience, 2010 has been a period of
remarkable change in terms of policy, projects and people.
The composition of the Federal Parliament delivers additional
political complexity at a time when Australia needs to resolve
common directions on divisive issues like carbon reduction
We also need to reinforce the ongoing engagement of the
Commonwealth in bringing forward nationally signifcant
infrastructure projects and policy changes.
These factors underpin the need for continued political
consensus about the outcomes Australia needs in terms of both
productivity and population growth.
Consensus about the outcomes will naturally drive agreement
about the process -- including the importance of Canberra's role in
fostering the next round of major projects.
And of course, 2010 has also seen the retirement of some of the
sector's greatest contributors -- like Wal King and Rick Turchini.
The face of infrastructure delivery is changing, and alongside
it are signifcant changes in the level of innovation, expertise and
political will required to get good projects done well.
I hope that you will fnd this edition of Future Building of
interest and I welcome any feedback you may have.
Hon Mark Birrell
Chairman -- Infrastructure Partnerships Australia
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