The Better Infrastructure Initiative (BII) works with a network of global partners to address key challenges in Australian infrastructure, with a particular focus on project economics and governance, finance and funding.
More than $500 billion has been invested in Australian infrastructure over the past decade. This sum is double the amount spent in the previous decade. Our research shows there is a widening infrastructure services deficit, with increased spending on infrastructure projects failing to deliver meaningful benefits. We estimate that up to $63 billion of road projects alone may have no social impact or economic output.
Infrastructure spending needs to work harder for communities and business, producing tangible benefits, increasing economic output, and improving social well-being.
"Infrastructure must serve a nation well. As Australia rises to the dynamic, economic, and social challenges ahead, so must the nation’s energy, transport, water, telecommunications and extensive social infrastructure and networks also adapt."
Our applied research looks at improving infrastructure spending and planning by focusing on these key areas:
Project economics and governance
Financing and funding
The Initiative is led by Garry Bowditch, an active contributor to the debate on infrastructure governance and investment in Australia and globally. Principal advisors Gordon Noble and Glen Kierse provide advisory support, intelligence and analysis.
Read more about our team.
Better infrastructure requires better long-term planning.
All infrastructure interventions should be scaled, targeted and feasible.
The biggest impediment to better infrastructure is lack of transparency.
Infrastructure businesses are better than infrastructure projects.
Land-use planning and infrastructure planning are the same thing.
Good project selection is paramount; financing is secondary.
Infrastructure is primarily about service outcomes to people and business.
Risk is a catalyst for more innovation.
Better infrastructure relies on strong institutional memory.