Home' Future Building: The Australian Infrastructure Review : Volume 4 Number 1 Contents 18 futurebuilding Volume 4 Number 1
The Hon Warren Truss MP
With that in mind, the Government has made a
commitment with Queensland to investigate a new
24/7 dedicated freight connection, mainly by tunnel
-- from the Acacia Ridge Intermodal Terminal to
the Port of Brisbane -- as part of the Melbourne to
Brisbane Inland Rail project.
We do so recognising that developing a network
of intermodal terminals in the right places is crucial,
so that industry can readily move freight by rail and
road networks to customers.
The delivery of a major intermodal facility at
Moorebank will improve ef ciency and productivity
for Sydney and for the freight task nationally.
The Moorebank Intermodal Terminal will provide
a rail shuttle between Port Botany and the south-
west of Sydney, and will include warehousing and a
separate terminal for interstate freight.
In the long run, it will help free up congestion on
Sydney's roads, ultimately creating a more ef cient
supply chain and breathing new life into other
elements of Sydney's transport system.
Another key link in Sydney will be WestConnex --
one of Australia's biggest transport projects.
The day after being sworn in to of ce, Prime
Minister Tony Abbott and I joined New South Wales
Premier Barry O'Farrell, and New South Wales
Roads and Ports Minister Duncan Gay, to release
the business case executive summary supporting the
construction of WestConnex.
The 33-kilometre WestConnex motorway linking
the CBD, west, south-west, airport and port is
expected to deliver $20 billion worth of economic
bene ts to the New South Wales economy.
It will improve commute times, create new jobs,
boost economic activity in Western Sydney and help
breathe new life into the Parramatta Road business
and residential areas.
As these commitments show, there is, and
inevitably always will be, a need for ongoing public
investment in infrastructure; however, private sector
investment remains fundamental in securing a
That is easier said than done. Investor con dence
is shaky, with overblown patronage forecasts
contributing to some well-reported commercial
failures, including the Sydney Cross City Tunnel,
Lane Cove Tunnel and Brisbane's CLEM7.
A study of ve Australian toll roads found that
actual traf c volumes were, on average, 45 per cent
less than forecast in the rst year of operation.
The Government recognises that getting
patronage forecasting right, including improved
modelling, is one of the keys to boosting investor
con dence. BITRE is investigating the causes of these
Initiatives to reduce the risk of investors being
misled by overzealous forecasts are an important step
towards restoring investor con dence.
These initiatives include:
• improving data collection using new technologies
• the development of guidelines for toll road
• the provision of reference models from state
• improved commercial vehicle data
• further research into the public's willingness to
pay for using toll roads.
Looking across the board, levels of private sector
ownership and investment in transport infrastructure
vary across modes and jurisdictions.
Private operators -- such as airport owners and
some port owners -- will need to make signi cant
infrastructure investments to meet the growing freight
and transport tasks of the 21st century.
And that is part of the reason that we have
announced an overhaul of Infrastructure Australia's
structure and priorities.
The reforms are designed to better coordinate
long-term projects, support better planning
and give greater certainty to investors and the
In line with other government boards,
Infrastructure Australia will be led by a Chief
Infrastructure Australia will
be asked to develop a 15-year
pipeline of major infrastructure
projects to be revised every
ve years based on national,
state and local infrastructure
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