House debates

Wednesday, 28 November 2012

Questions without Notice

Infrastructure, Foreign Investment

2:33 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Leader of the House) Share this | Hansard source

I thank the member for Makin for his supplementary question. Indeed, during the budget week, I launched the National Infrastructure Construction Schedule. What companies in Australia and overseas say they want is a pipeline of projects. If you are going to make the decision to come to Australia and make Australia a centre to invest in the fastest growing region in the world, then you need to know that there is not just one project but a pipeline of projects ahead. The National Infrastructure Construction Schedule lists every public sector project of a value greater than $50 million, with time lines, estimated costs and processes for bidding so that it is available on one site. Well over a million hits have occurred on that site since we launched it in May.

When I was in Italy last week, the Italian companies involved said that the information available had been greatly enhanced as a result, and I want to thank the state and territory governments for their cooperation. In addition, the national prequalification system, the National PPP Policy and Guidelines, and the National Alliance Contracting Policy and Guidelines all mean that we are removing red tape to improve efficiency and productivity in the economy, provide better infrastructure and get better outcomes.

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