By Garry Bowditch.
The Abbott government is preparing to give Sydney’s WestConnex road project a A$2 billion boost in this week’s federal budget, part of a broader $10 billion infrastructure package aimed at boosting productivity and private sector investment.
In this article in The Conversation, Garry Bowditch argues:
There are a number of factors required to improve the attractiveness of infrastructure as a long-term investment for private funding
These include high design and construction costs, low asset utilisation owing to poor demand management and a reliance on a narrow revenue base such as user charges.