Home' Future Building: The Australian Infrastructure Review : Volume 4 Number 1 Contents futurebuilding 19
Volume 4 Number 1
The Hon Warren Truss MP
Executive Of cer who will be responsible to the
Infrastructure Australia Board.
The new CEO will be responsible for delivering
the strategic objectives of Infrastructure Australia and
its policy reform program.
The Government will also task Infrastructure
Australia with undertaking a new, evidence-based
audit of our infrastructure asset base, to be run in
collaboration with the states and territories -- many
of which now have an infrastructure advisory body
of their own.
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 priorities.
The Government believes that Infrastructure
Australia should not just rely on submissions from
states, territories and others, but should also be
working proactively alongside them to identify
critical projects across the country.
Moving forward, we need to build more modern
infrastructure, and to identify the right projects that
will best contribute to Australia's productivity growth
over the next decade and beyond.
A key plank in the Government's approach is to
maximise private sector investment in infrastructure.
The M1--M2 Link is a good example. This project
includes an up-front contribution from both the New
South Wales and the Commonwealth governments,
and signi cant capital investment from the private
sector, which is supported by user charges.
We will also look at how we invest in other
projects going forward. There is much to do, and we
need to work in partnership with the private sector to
deliver the infrastructure that our society expects, our
industries need and our people deserve.
The scal constraints that beset the Federal
Government, and those of the states and territories,
make private investment a necessity -- not an
Modern projects to launch this country into the
next phase of economic prosperity will not be built
without private capital.
We must be focused on delivering critical
infrastructure, ensuring we are getting value for money
for our investments, and be dedicated to embracing
and increasing innovation in project delivery.
The Government will play its part. But to
move forward, we must be in partnership with the
construction and investment communities. This co-
investment of not only capital, but also of shared will
and vision, will be the basis for building our nation
and improving the living standards of our people.
I look forward to working with you to deliver
the road and rail projects to take Australia forward,
and to driving the growth and productivity reforms
necessary for Australia to meet the challenges and
opportunities of the 21st century.
Left: The proposed
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