Original article by Adam Creighton
The Australian – Page: 1 & 2 : 18-Oct-17
Infrastructure bodies such as Infrastructure Australia need more power and greater budgets to scrutinise the costs and feasibility of major government projects. This is the collective view of Gary Banks, Fred Hilmer and Brendan Lyons. Lyons is about to leave his role as head of Infrastructure Partnerships Australia, Banks was the first chairman of the Productivity Commission, and Hilmer was an adviser to the Keating government. Banks and Hilmer both predict that the $A49 billion National Broadband Network will be sold at a loss, while they both suggest there was no evidence of any cost analysis before the Federal Government announced its Snowy Hydro expansion plan.
CORPORATES
INFRASTRUCTURE AUSTRALIA, INFRASTRUCTURE PARTNERSHIPS AUSTRALIA, AUSTRALIA. PRODUCTIVITY COMMISSION, NBN CO LIMITED