Getting us there: funding the transport infrastructure of tomorrow
One of the key challenges facing policymakers is the question of how to fund new transport infrastructure in an increasingly fiscally restrained environment.
Infrastructure expenditure is already failing to keep up with community expectations, and population growth is driving demand for new services. Meanwhile, state governments are increasingly restricted by the need to ensure that their credit ratings remain strong.
As government continues to balance growing costs and proportionally declining revenue, competition for scare budget dollars will increase and infrastructure investments will be increasingly judged on their long term financial cost to government.
To ensure that vital new transport infrastructure is not left off the table in future government budgets, this report has examined a number of options available for boosting the revenue streams associated with currently cost-inhibitive infrastructure classes.
