jack archer - regional austra - embedding regional and local infrastructure in the national...

14
THE FUTURE OF REGIONAL INFRASTRUCTURE Driving economic growth and community well-being for Australia JACK ARCHER Regional Australia Institute

Upload: informa-australia

Post on 08-Jun-2015

82 views

Category:

Business


1 download

DESCRIPTION

Jack Archer delivered the presentation at the 2014 Future of Infrastructure Conference. The Future of Infrastructure forum explored state and national challenges which impact the long term economic growth and future of infrastructure development in Australia at this time. It also addressed the latest proposals for changes within Australia's infrastructure. For more information about the event, please visit: http://bit.ly/FutureofInfrastructure2014

TRANSCRIPT

Page 1: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

THE FUTURE OF REGIONAL

INFRASTRUCTURE

Driving economic growth and

community well-being for Australia

JACK ARCHER Regional Australia Institute

Page 2: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

OVERVIEW

About the Regional Australia Institute

Regional Infrastructure – our current approach

Embedding Regional Infrastructure in the National Agenda –

reform imperatives

Page 3: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

WHAT IS THE REGIONAL AUSTRALIA INSTITUTE

The Regional Australia Institute exists to create a vibrant future

for regional Australia - for the benefit of all Australians

Informed by both research and ongoing dialogue with the

community, we develop policy and advocate for change to build

a stronger economy and a better quality of life in regional

Australia

Page 4: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

[IN]SIGHT - AUSTRALIA’S REGIONAL

COMPETITIVENESS INDEX

Putting data back

into the hands of

regional Australia

Page 5: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

REGIONAL INFRASTRUCTURE

Supports a flexible, integrated and diverse national economy

Provides a foundation for equity and quality of life across

Australia

Widespread deficit identified – estimated at $15b+ and rising

Page 6: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

Current Infrastructure Projects (Source: Dept Infrastructure and Regional Development)

Page 7: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute
Page 8: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

REGIONAL INFRASTRUCTURE CHALLENGES

Limited or no understanding of the relative benefits of regional

investment (existing and potential)

Lack of clearly defined and measurable policy objectives – e.g.

via clearly defined Community Service Obligations

Severe institutional impediments to better outcomes

• 560 LGAs, multitude of programs and initiatives, focus on

ribbon cutting and significant new infrastructure investment

Page 9: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute
Page 10: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

Integrated national infrastructure investment framework

• setting clearer policy goals

• rigorously measuring community infrastructure needs and the

success of all levels of government

A systemic national response to the local infrastructure deficit

• better application of Commonwealth funding

• facilitation of private investment

• capacity building and improved information.

RAI REFORM DIRECTIONS

Page 11: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

Growth of independent influence in the system:

• Establishment and embedding of Infrastructure Australia (e.g.

National Road Audit Initiative)

• State infrastructure organisations (e.g. RDA

Hunter/Infrastructure NSW Hunter Economic Infrastructure

Plan)

PC Inquiry into Public Infrastructure (Road Fund recommendation)

CURRENT REFORM DIRECTIONS – SEEDS OF CHANGE?

Page 12: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

Regional infrastructure embedded into the national infrastructure

system, competing alongside big ticket city projects for

investment

Political decision making balanced by rigorous and consistent

information, independent analysis and lasting objectives

Formal coalitions of LGAs and others in regional Australia

collaborating to define needs and seek investment from upper

tiers of government

AMBITIONS WE SHOULD SET

Page 13: Jack Archer - Regional Austra - Embedding regional and local infrastructure in the national infrastructure agendalia Institute

LOST OPPORTUNITY - SMALL PROJECTS MAY BRING BIGGER

BENEFITS!

0

2

4

6

8

10

12

0 2000 4000 6000 8000 10000

Fo

recast

BC

R

Cost ($ million)

Source: Productivity Commission/Infrastructure Australia