Infrastructure Australia has developed baseline assumptions of what the future is likely to look like using best available information. These included climate data, community research and the 2020 Infrastructure beyond COVID-19 report.
Setting baseline assumptions of a likely future, such as climate and economic conditions, has ensured the 2021 Plan reforms are targeted and that outputs will match intended outcomes.
Baseline assumptions also provide a consistent basis for predicting the performance of our recommended reforms under the baseline case, and under a range of alternative scenarios.
Infrastructure Australia's baseline assumptions cover aspects of Australia's future state, including: living standards, the cost of living, population growth, climatic projections and international mobility and economic conditions.
The baseline assumptions we used are in the methodology section of the 2021 Plan. The methodology section also includes further information on alternative scenarios and modelled performance for our recommendations under these scenarios.