Infrastructure

Infrastructure quality and capacity plays an important role in determining the structure and strength of economic growth and activity.

Australia is at a crossroads in terms of its infrastructure development as a result of poor institutional arrangements – in terms of governance and planning – and policy choices. Reform is needed to alleviate the current constraints and to provide the capacity to sustain strong economic and population growth.

The BCA has called for policies and programs that bring about:

The development of fully operational national markets for transport (freight and passenger), water, and electricity.
The elimination of regulatory impediments to investment in and efficiency of provision of electricity, urban and freight transport including ports, and water.
The establishment of a cross-jurisdictional framework for appropriate, timely, and coordinated investment in infrastructure to meet future growth needs.
A focus on the development of a quality broadband system with comprehensive access for business and households.
Regular and transparent audits of the state of our current infrastructure and risks.

The BCA has also called for the development of a national approach to policies related to climate change. On 3 July this year BCA President Greig Gailey spoke about the opportunities and challenges involved in designing a national emissions trading scheme for Australia. Read his speech here.

Task Force responsibility: Sustainable Growth Task Force
Chairman: Mr Rod Pearse, CEO and Managing Director, Boral Limited
BCA Secretariat contact: Ms Maria Tarrant, Director Policy

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Featured Publications

Australia’s Services Economy

Australia’s services economy needs urgent attention.

Submission to the Garnaut Climate Change Review on Emissions Trading Scheme Design Principles

Climate change policy must not disadvantage Australia’s competiveness and must ensure a smooth, long-term transition to a low-emissions economy in line with global action.

Infrastructure: Roadmap for Reform

Ports, road and rail transport, water, energy and broadband are the building blocks for economic growth.

Australia’s Emissions Trading Scheme: An Opportunity – Speech by BCA President Greig Gailey

3 July 2008: Why the introduction of a national emissions trading scheme is the single most important policy decision the Rudd Government will make before the next election.