In 2008, the Australian Government announced a new, national approach to planning, funding and implementing the nation's future infrastructure needs. In April 2008, the Infrastructure Australia Act 2008 came into effect, paving the way to establish Infrastructure Australia ("IA").
IA will develop a strategic blueprint for our nation's future infrastructure needs and - in partnership with the states, territories, local government and the private sector - facilitate its implementation.
IA will provide advice to Australian Governments about infrastructure gaps and bottlenecks that hinder economic growth and prosperity.
IA will also identify investment priorities, and policy and regulatory reforms, which will be necessary to enable timely and coordinated delivery of national infrastructure investment.
In 2008, IA, in collaboration with NSW and other jurisdictions produced the National PPP Guidelines package.
On 29 November 2008, the Council of Australia Governments endorsed the National PPP Policy and Guidelines. All Australian, State and Territory Government agencies will now apply the National Policy and Guidelines. The National Policy and Guidelines effectively replace previously existing policy and guidelines in those jurisdictions, and is available at: www.infrastructureaustralia.gov.au