Issue: Budgetary pressures are forcing governments to increasingly look at a range of new funding and financing sources for infrastructure investment. Interestingly, industry funds are keen to invest more in infrastructure. The Industry Super Network estimates it stands to invest $15 billion in infrastructure over the next five years. However, super funds have said that governments need to use their regulatory powers and balance sheets to come to a more appropriately apportioned level of risk with the private sector.
ALC Position: ALC has long called for Infrastructure Australia to be able to get more private-sector investment in freight logistics infrastructure. ALC has welcomed a Coalition announcement to establish within Infrastructure Australia a dedicated Funding and Finance Advisory Unit to look at ways to generate additional funding for projects identified through a renewed National Infrastructure Audit.