The Property Council supports the objective of a more sustainable, nation-building IPP and recognises the need for budget repair. The comments in this submission focus on the principles necessary to transition the IPP to a 10- year rolling pipeline that targets nationally significant projects.
The Property Council recommends that the following principles be considered when transitioning the sustainable, 10- year pipeline:
Principle 1: Increase the influence of Infrastructure Australia when assessing projects
Principle 2: Consider population growth, city planning and sustainability when funding projects
Principle 3: Prioritise projects that embrace new sources of capital.
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