As in the UK, Australia is seeking to extract more value for each infrastructure dollar invested. SMART have identified a number of recommendations based upon three infrastructure imperatives:
- Establish an Australian Infrastructure Market
- Enhance attractiveness of infrastructure for private funding
- Overhaul infrastructure for radical innovation and productivity growth
The emphasis on funding and innovation to stimulate growth is a core driver behind the CESER led iBUILD infrastructure business models project.
The full report can be downloaded from:
http://issuu.com/uniofwollongong/docs/infrastructure_imperatives_for_aust