PDF: 1917 KB - Infrastructure Australia

infrastructureaustralia.gov.au
  • No tags were found...

PDF: 1917 KB - Infrastructure Australia

Part 1 – A new national approachto infrustructure decision makingMaximise the productivity of peopleand assetsInfrastructure Australia has focused strongly onhow proposals boost productivity through new orexisting infrastructure.Examine demand and supply sidepatterns, options and solutionsInfrastructure Australia examined demand andsupply factors when assessing proposals andensured decisions are based on a thoroughexamination of both factors.A long term, whole-of-life approachInfrastructure Australia has considered long termwhole-of-life costs and benefits when assessinginfrastructure solutions and priorities. It has alsoconsidered the long term impacts of potentialsolutions on the environment, the economy,social equity and human behaviour.Optimise the role of both the publicand private sectorInfrastructure Australia has focussed on howbest to optimise the role of the public and privatesectors in future infrastructure development andmanagement, including the part each sectorcan play in planning, construction, financingand ongoing planning provision.1.2 A robust decision making approachInfrastructure decision making in Australiahas been criticised on the basis that projectsare considered in isolation, lack coordinationand are subject to short term horizons.Infrastructure Australia was established toaddress these concerns and to bring anindependent, rigorous and coordinatedapproach to infrastructure decision making inthe context of a long term nation building agenda.The benefits of changing the way wetackle infrastructure decision makingin Australia are considerable.The Committee for Economic Developmentof Australia (CEDA) has estimated thatinfrastructure bottlenecks impose a coston the national economy of approximately$6 billion per annum. 1In delivering this new national approach,Infrastructure Australia has not sought topredetermine any particular infrastructureoutcome or solution. Rather, it has created abroad framework that was used for assessingany investment or actions.Figure 1 outlines the description, rationaleand outputs in the stages of this framework.To guide the input into this report and toframe its decision making, InfrastructureAustralia consistently used this frameworkto analyse and present a national perspectiveon the key infrastructure challenges facingthe nation’s transport, water, energy andcommunications infrastructure.Infrastructure Australia – Advising Government on Australia’s Infrastructure |

More magazines by this user
Similar magazines