Governments around the world are turning to infrastructure as a way of stimulating economies that have been impacted by COVID. Australia is no exception in this regard and here are some of my remarks that were featured in the Australian press this week.
This article was first published by Customer Stewardship Australia in April 2020. http://www.customerstewardship.com Infrastructure the world over has been caught off guard by Coronavirus 19 which has highlighted the unique challenges for infrastructure assets operating in an era of biological threats. Spatial distancing, so critical to controlling the spread of the virus, runs counter toContinue reading “Infrastructure Stewardship in an era of biological threat”
Australia’s COVID19 wake up call: get smarter about population density This article authored by Garry Bowditch first appeared in Australian Financial Review on 16 April, 2020 When the war against COVID19 is finished Australia will have depleted its fiscal reserves and be saddled with high indebtedness for at least a decade. Getting the economy backContinue reading “Australia’s COVID19 wake up call: get smarter about population density”
Customer stewardship is an opportunity for infrastructure investors, owners, operators and policymakers to expand their toolkit of solutions for the nation’s problems from a pretty obvious starting place, the customer.
Plans in Australia to fund even more infrastructure off-budget simply crowds out much needed and much more efficient private capital
President Trump’s infrastructure plan last week is pitched in the language of the can do. Not only does it aim to unleash over a trillion dollars of investment, it promises a major project bonanza that will have Prime Minster Turnbull’s business delegation salivating at the prospect of getting a cut of ‘Making America Great Again’.Continue reading “Playing the long game with US infrastructure*”
Project risk abounds
Politicians are feverishly driving quick fixes for an ailing energy sector. But heavy-handed government interventions risk more road kill, of an endangered species called market led microeconomic reform. Energy markets in Australia have devolved into a sandpit for political adventurism rather than bringing together customers and efficient suppliers. An unpalatable energy status quo is nowContinue reading “Energy sector can expect an Uber and Kodak moment all in one*”
Garry Bowditch* Superannuation and infrastructure have a lot in common, and so they should: they represent two sides of the same coin. Superannuation plays an important role in intermediating national savings for financing and funding infrastructure. But the public policy settings that enable this to happen must be soundly based. As has been widely reported,Continue reading “Super Lessons for Infrastructure”
President elect Trump has promoted a big infrastructure program to revitalise the American economy. So, Australia and the US have a lot in common for now. Unlike Australia, the US has been a miserly spender when it comes to public infrastructure. As a result rusty and decaying infrastructure is on display across US cities andContinue reading “Infrastructure makes Trumps*”