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Australian infrastructure risks falling behind Europe

NEW Infrastructure NSW chairman Graham Bradley plans to incite more private sector investment in infrastructure projects, to prevent Australia falling behind Europe and countries such as Singapore and Hong Kong.

Marion Lopez
Australian infrastructure risks falling behind Europe

In an interview with The Sydney Morning Herald, Bradley said there was overwhelming community recognition that major infrastructure projects needed a private sector funding boost, as state and federal governments were falling behind in meeting expectations for better public transport and economic infrastructure.

“So this is an opportunity for me to make a contribution to good public policy decisions around NSW's priorities,” he reportedly said.

While Bradley said it was too early to nominate priorities, he believes quality infrastructure is urgently needed to keep up with population growth forecasts.

“We need to keep pace with that at the very least in terms of the provision of infrastructure,” he said.

“We admire what those countries (Europe, Singapore and Hong Kong) have achieved. There's no reason why Australia should not have world-class infrastructure.”

Bradley will take office on July 4, subject to cabinet approval, following his appointment by

Victorian Premier Barry O'Farrell. Nick Greiner resigned as chairman of Infrastructure NSW last week.

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