The Australian Infrastructure Audit (the Audit) takes a strategic approach to assessing our nation's infrastructure needs. It examines the drivers of future infrastructure demand, particularly population and economic growth.
The Audit provides a top-down assessment of the value-add, or Direct Economic Contribution (DEC) of infrastructure. It also considers the future demand for infrastructure over the next 15 years, and delivers an evidence base for further gap analysis, long term planning and future investment priorities.
Our economic modelling found that in 2011 (the Census base year), $187 billion was derived from infrastructure. By 2031 this is projected to increase to $377 billion1. Direct Economic Contribution gives us a pointer to areas of infrastructure demand and need. It gives us an indication as to where reforms might lead to increased efficiency across our existing networks.
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1. All dollar figures in this document are in 2011 prices, unless otherwise indicated.