The purpose of this study was to examine the present and future use of public private partnerships (PPPs) in Queensland and Australia generally given recent events in international and domestic credit markets and prevailing capital market conditions. The essential research question to be answered here is whether current volatility and uncertainty in capital markets in Australia affects the feasibility of privately financed infrastructure and specifically, the PPP method of procurement.
This research also examined the likely impact on the use, form and configuration of public private partnerships by canvassing three further issues:
1. Whether changes to the financial environment will affect the type of projects suited to this method of procurement.
2. Are opportunities presented in present market conditions and how these can be accessed and further refined?
3. What changes may be necessary to the PPP procurement model in the light of prevailing market conditions and what is required by stakeholders to adapt to changes in this market?