Key messages • All levels of governments play an ongoing role in improving infrastructure project investment decisions and deliverability, supporting sector productivity and ensuring value for money. • The infrastructure sector needs a clear and consistent long-term direction, focused on improvements to productivity, investment and project outcomes over the next 15 years. • This vision should be evidence-based, developed collaboratively by the Australian Government with Jurisdictions and industry. • Before governments identify infrastructure projects as shovel-ready, proposals should first be developed and assessed as investment-worthy. • It is critical to invest in capabilities so the Australian Government can understand, execute and oversee more mature commercial and financial arrangements with states, territories and the private sector. • A more commercially and financially sustainable infrastructure industry is vital for Australia's social and economic wellbeing. • Government and industry can make stronger commitments to increasing sector productivity and competitiveness and develop a detailed plan to address current challenges. • The Australian Government should continue efforts to become a more proactive investor by building capabilities and processes that help identify and initiate nationally significant projects, attract investment, upscale gateway reviews and assurances, and develop infrastructure delivery capabilities. |