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The Government should be congratulated on approving most of the Infrastructure Australia recommendations in its Plan. This will assist our cities and regions to plan, prioritise and focus their infrastructure strategies to support national productivity and growth.
It is pleasing to see that the Government has looked beyond the capital cities to consider regional supply chain considerations - as well as a more proactive role for the large number of significant regional cities that are key economic contributors to national outcomes. This includes cities such as the Gold Coast, Sunshine Coast, Wollongong, Geelong and Newcastle.
It is also welcome that the Government is seeking to integrate the development and implementation of the Australian Infrastructure Plan with the work being led by the Prime Minister and Assistant Minister Taylor on the Smart Cities Plan. In particular, it is positive to seek the linkages being created at a national level to support more effective infrastructure planning, prioritisation and investment frameworks between Federal, State and Local Governments through the UK City Deal model that is being adapted to Australia.
Finally, it is important to note that the Plan identifies the very real infrastructure funding challenges facing Australia. This is an important national debate and KPMG particularly welcomes the Commonwealth Government’s commitment to investigate the potential impacts of road user charging reform options.