Infrastructure Priority List – July 2010
Today, Infrastructure Australia released the report, Getting the fundamentals right for Australia’s infrastructure priorities.
The report contains the updated National Priority List of infrastructure projects, totalling approximately $82,845 million in capital costs.
Click here to view the list in full.
The National Priority List
The National Priority List is essentially a pipeline of projects Infrastructure Australia considers key to strengthening the economy, dealing with the challenges of sustainable population growth, export bottlenecks, urban congestion and climate change.
The projects on the list are rigorously assessed as having real merit or significant potential. The List is there to guide the long term investment decisions of both the public and private sectors, including super funds.
Future updates to the National Priority List will be completed by 30 June each year.
The National Priority List is available in the report, Getting the fundamentals right for Australia’s infrastructure priorities, on pages 50-51 (Appendix B). See http://www.infrastructureaustralia.gov.au/files/Report_to_COAG_2010.pdf.
The Minister for Infrastructure, Transport, Regional Development and Local Government, the Hon. Anthony Albanese MP, welcomed the updated National Priority List.
The Minister’s media release is available at http://www.minister.infrastructure.gov.au/aa/releases/2010/July/AA417_2010.htm.
About Infrastructure Australia
Infrastructure Australia is a national body established on 9 April 2008 through the Infrastructure Australia Act 2008. Its function is to provide advice on:
- nationally significant infrastructure priorities;
- policy and regulatory reforms desirable to improve the efficient utilisation of national infrastructure networks;
- options to address impediments to the development and provision of efficient national infrastructure;
- the needs of users; and
- possible financing mechanisms.
The Infrastructure Australia website is at http://www.infrastructureaustralia.gov.au/.
Infrastructure Australia Council
Infrastructure Australia has 11 members, plus a Chair formally appointed by the Federal Minister for Infrastructure, Transport, Regional Development and Local Government.
- Sir Rod Eddington (Chair)
- The Hon. Mark Birrell
- Mr Jim Hallion
- Mr Phil Hennessy
- Dr Ken Henry AC
- Mr Anthony Kannis
- Mr Terry Moran AO
- Professor Peter Newman
- Ms Heather Ridout
- Mr Ross Rolfe
- Dr Kerry Schott
- Mr Garry Weaven
Further information on the Council members is available at http://www.infrastructureaustralia.gov.au/files/IA_Council_Members_Short_Biographies.pdf.