Home' Future Building: The Australian Infrastructure Review : July 2011 Contents futurebuilding
Volume 2 Number 1
Over the past six months, we have seen a
range of events that have changed the direction
and tempo of the infrastructure market in Australia
and, indeed, the region.
New governments in New South Wales and
Victoria have brought forward positive changes to
their infrastructure strategies and priority projects.
In New South Wales, we’ve seen important
project commitments, the announcement of major
public transport reforms and the appointment of
a much needed coordinating body, Infrastructure
NSW. In Victoria, the government has maintained
its major projects in spite of a challenging
budgetary position, established an Urban Renewal
Authority, and is now looking to drive reforms that
increase opportunities for the private sector to
invest in the state’s infrastructure priorities.
Meanwhile, South Australia has successfully
completed the procurement of Australia’s largest
ever hospital PPP, and markets continue to develop
in other states, as well as in New Zealand. Western
Australia has seen healthy investment in export-
focused infrastructure, reflecting a dynamic focus
on the booming resources sector.
But challenges remain.
The rebuilding task in Queensland and
Christchurch, and the resulting delay in major
projects, shows the sensitive budget position of
The lack of flexibility in government budgets,
coupled with the mounting demand for new
infrastructure investment, demands solutions.
Australia’s governments will increasingly
need to grapple with a new round of reform that
considers how capital can be recycled to fund new
projects, and how Australia can clear obstacles
to a better functioning private market for public
Forums like October’s national taxation
summit and the current review of state finances in
New South Wales and Victoria provide important
opportunities to further the reform debate in
I hope you find this edition of Future Building
of interest, and would welcome your feedback.
The Hon. Mark Birrell
Chairman, Infrastructure Partnerships Australia
I am pleased to
present our latest
edition of Future
Building; the journal
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