Infrastructure Update

The Property Council of Australia launched its major research piece for 2014, which investigated the costs of WA’s infrastructure provisioning framework.

The findings of this research demonstrated that poor infrastructure provisioning adds costs to property development projects and, as consequence, impacts the State more broadly.

The launch of this research, however, is only the first stage of the Property Council’s infrastructure agenda.

Identified by the Division Council as a key advocacy priority, the Property Council will be using this research as platform to discuss the broader infrastructure issues with key political and bureaucratic leaders such the cost of tendering for government infrastructure projects, funding and financing of growth enabling infrastructure, as well as, better coordination of infrastructure delivery to support land-use plans.

In the first instance, this research will be used to urge the Department of Planning to address the documented Achilles heel of the Infrastructure Coordinating Committee (ICC): the lack of power to prioritise and coordinate the delivery of basic economic infrastructure. In August the Government announced a review of the ICC as part of a package of reforms to the planning system. This will be the first opportunity demonstrate how the Committee falls short in coordinating infrastructure to underpin private sector investment.

Click here to download a copy of the report.