Media Releases
Tuesday, 13th May 2008
The 2008-09 Budget allocates $20 million over four years to Infrastructure Australia to develop a strategic blueprint for easing bottlenecks and addressing the nation's long-term infrastructure needs.
Well-planned infrastructure provides the arteries of a successful, modern economy, helping to lift productivity and drive sustainable low-inflationary growth.
By establishing Infrastructure Australia, the Commonwealth will for the first time since Federation bring national leadership and coordination to infrastructure development.
A national long term approach will ensure current and future generations benefit from this critical reform.
Infrastructure Australia's immediate task will be to undertake a National Audit and determine the capacity and condition of nationally significant infrastructure, including transport, water, energy and communications.
By March 2009 Infrastructure Australia will deliver to the Council of Australian Governments an Infrastructure Priority List which will help guide billions of dollars of public and private investment.
Infrastructure Australia will also develop nationally consistent guidelines for Public-Private-Partnerships by October this year, making it simpler and cheaper for local and international financiers to invest in Australian infrastructure.
The $20 million budget allocation to Infrastructure Australia shows the Rudd Labor Government is getting on with the job of:
The Rudd Labor Government has brought a fresh approach to the delivery of infrastructure: replacing neglect and inaction with long term planning so governments can anticipate infrastructure needs and demands, not merely react to them.
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au
We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.
Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.