NSW Premier Mike Baird has promised projects financed by the sale of the state’s electricity network will have to pass a rigorous cost-benefit analysis.
In this article in the Australian Financial Review, Garry Bowditch says the NSW Government can boost the state’s productivity by selling the electricity network but it should concentrate on projects that would improve connectivity in the CBD.
SMART Infrastructure has partnered with the NSW Public Accounts Committee (PAC) for a high-level forum on infrastructure for the 22nd century.
The forum, conducted at NSW Parliament House last week, attracted key academic, political and industry leaders to consider the challenges and possible solutions for the state’s infrastructure. Continue reading
Garry Bowditch writes for The Conversation:
Infrastructure is about the long-term growth and prosperity of a nation, but Australia will get very little of this benefit if the cost of building it continues to rapidly escalate.
Australia is becoming increasingly uncompetitive in design and delivery of major projects. This is an unacceptable situation, and a newly commissioned multi-state inquiry by the SMART Infrastructure Facility will identify the key causes and make recommendations to help secure better value for taxpayers’ money.