New Statement of Expectations issued to Infrastructure Australia

The Australian Government has issued a new Statement of Expectations to Infrastructure Australia for the period 1 November 2015 to 30 June 2017.

Minister for Major Projects Paul Fletcher said the new Statement confirms Infrastructure Australia’s ongoing work programme.

“It also encourages Infrastructure Australia to continue to focus on improving strategic infrastructure planning by providing robust, independent and evidence-based advice to governments on Australia’s infrastructure needs,” Mr Fletcher said.

“Since the last Statement of Expectations was issued, Infrastructure Australia delivered a landmark report – the Australian Infrastructure Audit – which provides the evidence base for the development of the Australian Infrastructure Plan.

“The Australian Infrastructure Plan is presently being developed by Infrastructure Australia. It will set out Australia’s priorities across road, transportation, energy, water and telecommunications infrastructure at a national and state level.

“It will clearly identify short and long-term productivity gains, as well as any complementary projects required to fully maximise productivity gains.”

Mr Fletcher said that the Plan will also include a top-down infrastructure priority list of nationally significant initiatives and project proposals.

“The priority list will be used to inform government decision making on funding allocations by identifying and prioritising projects of national significance. Projects on this List will come from the Audit and the Plan.”

Infrastructure Australia is expected to complete the Australian Infrastructure Plan and deliver it to Government in time for public release in early 2016.

The full Statement of Expectations is available at: http://infrastructureaustralia.gov.au/about/files/Statement-of-Expectations-2015-17.pdf