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|Privatisation of state and territory assets and new infrastructure||651.23 KB|
The Economics References Committee examined:
Incentives to privatise state or territory assets and recycle the proceeds into new infrastructure, with particular reference to:
(a) the role of the Commonwealth in working with states and territories to fund nation-building infrastructure, including:
(i) the appropriateness of the Commonwealth providing funding, and
(ii) the capacity of the Commonwealth to contribute an additional 15 per cent, or alternative amounts, of reinvested sale proceeds;
(b) the economics of incentives to privatise assets;
(c) what safeguards would be necessary to ensure any privatisations were in the interests of the state or territory, the Commonwealth and the public;
(d) the process for evaluating potential projects and for making recommendations about grants payments, including the application of cost-benefit analyses and measurement of productivity and other benefits;
(e) parliamentary scrutiny;
(f) alternative mechanisms for funding infrastructure development in states and territories;
(g) equity impacts between states and territories arising from Commonwealth incentives for future asset sales; and
(h) any related matter.