Overview
Infrastructure demands on the NSW Government budget will continue to be significant. While the type and mix of infrastructure projects will change, investments in the maintenance of infrastructure are set to increase.
The balance of spending should tip towards technology upgrades, augmentation of existing assets and networks, and structured maintenance as the asset base in NSW matures in line with international peers.
The NSW Government should continue with successful policies such as asset recycling, user charges and value capture to sustain its infrastructure investment pipeline. It should also seek more private sector co-investment and more long-term programmatic funding support from the Australian Government.
Strategic directions
These are the strategic directions to best meet the challenges and opportunities of this theme. They inform specific recommendations.
Reconsider megaprojects and invest in existing infrastructure through augmentation, digitisation and maintenance.
Diversify funding sources to deliver future investments.
Ensure the construction market has the capacity, capability and productivity to meet increasing demands.
Consolidate a robust process for investment prioritisation, project sequencing and investment appraisal.
Recommendations
These are the recommendations and sub-recommendations for this objective. The recommendations are numbered as they appear in the report.
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Key objectives
Investment in infrastructure alongside policies to better utilise the State’s existing and new assets are fundamental to meeting the needs of a growin...
Delivering quality infrastructure to match population growth and the evolving needs of the community is a fundamental role of Government. This include...
Infrastructure assets need to be resilient to withstand shocks such as natural hazards, public health crises and cyber security threats. Policy change...
The NSW Government has adopted a goal of Net Zero emissions by 2050 and a 50% cut in emissions by 2030. The 2020 Electricity Infrastructure Roadmap se...
Water security, and sustainable use and allocation of water, are major long-term challenges for NSW. NSW Government will need to increase rainfall-ind...
Protecting our natural environment requires attention to all assets across the infrastructure lifecycle, from construction right through to operation....
The benefits of combining digital technology with physical infrastructure are increasingly compelling. The right application can increase the producti...
Joined-up planning is imperative for efficient investment across all government assets but especially important to support the State’s investment in n...
Infrastructure demands on the NSW Government budget will continue to be significant. While the type and mix of infrastructure projects will change, in...
We pay respect to the Traditional Custodians and First Peoples of NSW, and acknowledge their continued connection to country and culture.