Submission on the Privatisation of State and Territory Assets and New Infrastructure
Submission to the Senate Inquiry into the Privatisation of State and Territory Assets and New Infrastructure
Australia needs ongoing investment in productive infrastructure to meet the needs of a growing population and support economic growth.
The government’s Asset Recycling Initiative is the type of innovative infrastructure funding policy which can help address Australia’s infrastructure gap.
Selling mature government infrastructure assets and reinvesting the proceeds into new infrastructure projects will deliver better infrastructure services for the community, improved public finances and a more productive economy.
This initiative should be accompanied by appropriate infrastructure regulation, planning and prioritisation policies that promote efficient infrastructure provision.