Home' Future Building: The Australian Infrastructure Review : Volume 3 Number 1 Contents 62 futurebuilding Volume 3 Number 1
Swift action has
rst six months in
power, but with a
sheet, the challenges
writes Domini Stuart.
Five days before his victory in this year's Queensland
election, Liberal National Party (LNP) Leader Campbell
Newman released a blueprint for all that his government
hoped to achieve in its rst 100 days in of ce.
'If elected this Saturday, we'll immediately start our
plan to grow a four-pillar economy, lower the cost of
living by cutting waste, deliver better infrastructure and
better planning, revitalise front-line services for families
and restore accountability in government,' he said.
Months later, the plans for the state's infrastructure
sector appear to be on track.
Scott Emerson, Minister for Transport and Main
Roads, said it's important that the state delivers on its
promised reform agenda.
'It's essential for the state's future that we remain
focused on delivering our agenda for Queenslanders
who voted for change,' he says. 'My priority is to ensure
we deliver on our election promises.'
The state of Queensland's nances
Queensland's government faces a unique and
twofold demand for infrastructure. On one hand, it
needs to provide for a decentralised and rapidly growing
population. On the other, it must service and support
a ourishing natural resources sector. As a result,
Queensland has typically needed to allocate a more
substantial share of state resources to capital investment
than other states.
Total government capital expenditure has increased
from around $4.4 billion in 2000--01 to an estimated
$12.3 billion in 2011--12. This includes investments of
$3.5 billion in upgrading and maintaining electricity
infrastructure, and $1.9 billion in the construction and
redevelopment of hospitals. An additional $5.4 billion
was spent on transport infrastructure, including work on
reconstructing over 9000 kilometres of road damaged by
the recent spate of natural disasters, including ooding
With the state's debt expected to reach $64 billion
before the end of the 2011--12 nancial year, a review of
the state's nances was high on the agenda for Newman
and his government.
A Commission of Audit was set up to report on the
current and forecast nancial position, and to make
recommendations for strengthening Queensland's
economy, with the goal of restoring its nancial position
and ensuring value for money in the delivery of front-
Headed by former Federal Treasurer Peter Costello,
the Commission released its interim report in June, with
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