The Commonwealth's Infrastructure Investment Framework

The Principles below enunciate the Government's current framework for infrastructure investment.

Principles to Address Reforms to the Infrastructure Market

1. The Commonwealth will encourage efficient investment in and use of infrastructure through better functioning price signals
   
   
2. The Commonwealth will facilitate a transparent and deep infrastructure pipeline in order to reduce uncertainty and encourage private sector investment
   
   
3. The Commonwealth will encourage greater private sector involvement in infrastructure including by: ensuring that all proposed projects are fully tested for the scope for private funding; and reducing barriers to entry for domestic and international market entrants in the construction and operation sectors
   
   

Principles to Maximise Benefits from Government Infrastructure Investment

4. Infrastructure investment decisions will be consistent with relevant planning and reform agendas, with emphasis on major projects that deliver high economic benefits pursuant to a thorough business case appraisal of project proposals, including the use of cost benefit analysis
   
   
5. Commonwealth infrastructure investment will be consistent with the Government's overall macroeconomic policies and its fiscal strategy
   
   
6. Commonwealth investment in economic infrastructure will focus on nationally significant infrastructure that leads to the greatest productivity returns
   
   
7. Commonwealth infrastructure investment will leverage progress by the state and territory governments on the national reform agenda (such as capital cities strategic planning and national regulatory reforms)
   
   
8. The Commonwealth will place increased emphasis on project implementation issues upfront in the funding decision process, including examining potential for private sector involvement, procurement and delivery options and financing options

Download the Principles [PDF: 129 KB] []