The Federal Opposition have promised to transform the way infrastructure is funded in Australia. If elected, they have undertaken to elevate Infrastructure Australia to an active participant in the infrastructure market, mobilising private sector finance, Australia’s superannuation industry and international investors to bring a national pipeline of investment online.

Consult Australia commends the vision and recognition in the announcement of the critical role of infrastructure as an economic lever to drive productivity and jobs growth.

The Property Council of Australia have also welcomed the plan, noting that such a move would depoliticise infrastructure project priorities and boost certainty around project delivery.

A conservative analysis, prepared by Infrastructure Partners Australia, assumes a $10 billion infrastructure investment will directly create approximately 26,000 jobs and add around an extra $7.5 billion every year to our GDP.

Read the ALP media release here.

Read the Consult Australia media release here.

Read the Property Council of Australia media release here.