Canadian governments aren’t completely selling off major public works, but their embrace of public-private “partnerships” is giving private financiers control of major infrastructure projects.
We found that without state-owned electricity revenues, the NSW Coalition government would have struggled to avoid recording deficits in every budget since its election in 2011.
‘There’s no doubt there’s challenges in Canberra … I would like Canberra to get on with the job of actually looking after the people it’s supposed to be representing.’ – Mike Baird
‘I would be incredibly disappointed, I can’t tell you how disappointed I’d be, if I didn’t have the opportunity to continue beyond March … [these are] some of the most exciting times in politics’.
The federal government has signed its first agreement under its asset recycling initiative – with the Labor government in the Australian Capital Territory. The ACT government is selling nearly A$400 million…
The OECD’s Going for Growth report released this week is a good reminder of why Tony Abbott wants to be remembered as “the infrastructure Prime Minister”. The OECD argues addressing infrastructure service…
Queensland’s Campbell Newman-led coalition will seek a mandate to privatise the electricity sector, along with two ports and water pipelines, in next year’s state election, despite it being rejected by…
UPDATE: This piece originally said the Asset Recycling Initiative had been passed by the Senate. Subsequent to publication, the amended legislation was rejected by the House of Representatives. The piece…
The fiscal relationship between the Commonwealth and the states in Australia’s federal system is unsustainable in the long term. That statement has been difficult to deny ever since the 1940s, when Canberra…
The Abbott government is about to unveil a new A$10 billion infrastructure package in its first budget. Apparently it is to be funded by a “special immediate measure” in the form of a levy imposed on high-income…
The provision of new infrastructure is a high priority for the Abbott government. It is a worthy cause. New infrastructure will ensure we remain competitive in the international market. Reducing logistics…