Friday, 5 December, 2008 11:27 PM AEST


log in / free register · change details · about · contact · subscribe · newsletter · advertise · mobile recent searches: ambrosi, top fum, lachlan, insider, asx 50,
 

Government to boost PPPs

Industry feedback invited

Christine St Anne
By Christine St Anne
Thu 21 Aug 2008

A proposal to implement a national set of standards for infrastructure projects aims to boost public private partnerships.


Advertisement

The Government will intensify its efforts to encourage greater private investment in infrastructure by developing a set of national guidelines.

The Government will also put together a priority list of infrastructure projects, in consultation with the states and territories.

"Business and industry have told me that they require a pipeline for projects and greater investment certainty," Minister for Infrastructure Anthony Albanese said at an InAssociation conference in Sydney yesterday.

He said that infrastructure industries have too much overlay in government regulation.

In particular, Albanese noted that the transport alone attracts different rules in every state, while the maritime industry has more than 50 pieces of legislation governing the sector.

"Infrastructure development is not just about spending. It is about developing a policy setting that will increase transparency and remove the impediments to investment," he said.

The guidelines will be developed by the states and coordinated through the Government's Infrastructure Australia body.

Industry will be invited to provide feedback on the guidelines in October, before the draft standards are presented at the Council of Australian Governments (COAG) meeting in November.

Go to today's news

More stories by this author


 

InvestorDaily video:

Hot seat

Hot Seat... Part 2

In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.

InvestorDaily video:

Masterfunds Conference highlights

Masterfunds Conference

Latest: It's magic!

Check out the entertainment highlights from The 7th Annual Wraps, Platforms & Masterfunds Conference

Christine St Anne

An uphill battle as returns tumble downhill

Since last month's issue, newspaper headlines have continued to scream out doom and gloom about the current markets, among them "Super losses", "Savage write-offs" and "More bad news".... read more »

Home delivered!

Daily news, weekday mornings

Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.

Money on the move

Catholics revamp fixed interest »
Industry superannuation fund the Catholic Superannuation and Retirement Fund (CSRF) has revamped its fixed income portfolio.

Mercer backs alternatives »
Mercer has awarded $34.15 million in mandates to Tactical Global Management (TGM) and Lazard Asset Management to invest in alternative assets.

Julia Newbould

Opportunities lost

It is a belief of some planners that ASIC lost the opportunity to make inroads into the licensing of planners eight to 10 years ago when it was just getting on its feet.... read more »

 

 
©2008 InvestorInfo Pty Ltd · legal · privacy policy · linking to us · community · powered by RedDot