Continued planning is critical if New South Wales is to have a world-class transport system with infrastructure investments that support growth and meet the aspirations for how we want to travel and live.

This document sets out the assessment framework that Infrastructure Australia uses to consider initiatives and projects for inclusion on the Infrastructure Priority List (IPL).

In accordance with its requirements under the Infrastructure Australia Act 2008, Infrastructure Australia is committed to undertaking regular reviews of the cost–benefit analysis methodology that forms part of our Assessment Framework, which is used by Infrastructure Australia to assess submissions and proposals. In keeping with these commitments, Infrastructure Australia initiated a review of the Assessment...

Australians have embraced data-intensive applications, such as video-on-demand (VOD) services. Households now reasonably expect that they will be able to use these applications on demand, at any time of day— and, by implication, that infrastructure, networks and services will have the capacity to deliver this.

This report argues that Australia should revamp how it selects major transport projects, so that governments can better know which new roads and railways are worth building and avoid squandering billions of dollars of public money on the wrong projects.