Home' Future Building Australian Infrastructure Review : December 2010 Contents FB: What are the areas of neglect in New South Wales
that need attention, and what are your priorities?
BOF: Infrastructure shortfalls are pretty obvious in New
South Wales. These shortfalls aren't just a source of frustration for
businesses and taxpayers; they're also very costly.
In terms of priorities, obviously better public transport in
Sydney will be a real focus. Congestion is literally choking Sydney,
and it'll have a dramatic impact in terms of economic growth and
Clogged freight networks have very signifcant economic costs
and the failure to renew hospitals, schools and public facilities
means that the best efforts of dedicated nurses, teachers and
public servants are hampered by old, tired facilities.
The problems are many, but the base cause is common -- for
too long New South Wales has failed to deliver real and long-term
plans for the future, and has failed to build key projects.
In government, we will address this by reforming the structure
of government, by harnessing the best of the professional public
service, and by producing a real vision for the future, for the
people and businesses of New South Wales.
FB: What is your time frame for reforms and
BOF: Much of the work we've been doing around infrastructure
reform has been about processes, not projects.
But a focus on better processes will in turn deliver the right
Infrastructure NSW will have a real impact in terms of slashing
the time it takes for the right projects to be delivered, through
better planning and co-ordination and reduced delays.
What is the Restart NSW fund, and what are the
biggest areas for the scheme?
BOF: In government, we will establish Restart NSW, a capital
fund to build essential infrastructure including public transport,
roads and infrastructure to support people working in front line
The fund will have a specifc mandate to grow economic
productivity in New South Wales, and a clear goal of lifting New
South Wales' economic growth to above the national average.
Restart NSW will fund projects like public transport, new roads
and freight connections, and also health, justice and education
The fund's capital will come from windfall tax revenues, new
borrowings -- including from Waratah Bonds -- and also from the
long-term lease of Sydney’s desalination plant.
The fund will have a
specific mandate to grow
economic productivity in
New South Wales, and a
clear goal of lifting
New South Wales'economic
growth to above the
national average.. .
52 futurebuilding DECEMBER 2010
O'Farrell: Infrastructure is the key
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