Is Australia's big infrastructure build delivering value?

Is Australia's big infrastructure build delivering value?

VIC
Aug 26
Join this Industry Co-lab and help drive discussion between industry, government and other stakeholders on the relative value Australia is achieving per dollar of its big infrastructure spend.
Do you have a login? Sign in now to prefill the registration form and access member benefits.

Speakers

The Hon. Jacinta Allan MP, Victorian Minister for Transport and Infrastructure

Event Overview

The state and federal governments across Australia are currently delivering significant and unprecedented infrastructure programs to support regional and national economic growth and meet changing demands of residents.
 
Already-record levels of spending have been further increased amid the COVID-19 pandemic and associated recession, as our governments have sought to stimulate activity by further increasing investment.
 
While infrastructure spend at this scale can be transformative for economies and societies, it comes with significant ultimate risk for taxpayers – particularly within the context of a global pandemic. In an environment where there is intense competition for the resources required to deliver the projects – expertise, labour etc – a high focus on cost management can lead to compromised value in the delivery.
 
While it’s critical to balance both the needs of taxpayers and the price of value, the ultimate goal should be projects that deliver excellence and value derived from a fair, honest and collaborative relationship between governments and contractors.
 
The discussion will focus on three key questions:
  • In view of Australia’s economic development: Across the country, how can we build a more collaborative ‘Team Australia’ approach between Federal & State Governments and industry players, to improve project performance, boost productivity and improve transparency and efficiency on project implementation? 
  • Driving harder bargains or creating greater collaboration: Overtime, over budget, overpromised. How can we avoid major project cost and schedule blowouts while de-risking delivery, and thereby improving ROI and re-igniting community support for developments? 
  • Collaboration for innovation: as Australia seeks to chart a future more reliant on skills and services how can government and industry innovate to address the skills shortage, drive productivity, and offer our country a competitive economic advantage? 

How does a Co-lab work?
Co-labs are facilitated by a CEDA Economist and limited to 24 participants. Each participant is expected to actively contribute to the discussion, responding to the set focus issues and leaning on practical examples where possible. These sessions can run in-person or virtually and are under Chatham House rule. CEDA will capture some of the insights discussed but no comments will be attributable to individual attendees.

This Co-lab is part of an ongoing CEDA national project answering: is Australia’s big infrastructure build delivering value to taxpayers? Industry Co-labs will be convened in Brisbane, Melbourne, Perth, and Sydney.

This project will culminate with a full day conference in Sydney in late early 2022.  
 
Co-lab start times:
NSW/ACT/VIC/TAS/QLD: 1.00pm
SA/NT: 12.30pm
WA: 11.00am


This virtual roundtable is by invitation only. The roundtable will be conducted on a virtual platform and numbers are limited to maximise participation. Invitations to virtual roundtables are a valued benefit of CEDA membership. Chatham House Rule applies. Roundtable discussions will be targeted to varied groups, including state-based Trustees discussions, national or industry sector Trustee roundtables, and c-suite conversations.

 

Meet the keynote speaker

The Hon. Jacinta Allan MP
Victorian Minister for Transport and Infrastructure

Jacinta is the Minister for Transport Infrastructure in the Andrews Labor Government, and the Leader of the House in the Victorian Parliament. Jacinta was elected to Parliament in 1999 as Member for Bendigo East, and is proud to be representing the Bendigo region in the Victorian parliament. She is the longest serving Victorian female Minister in the State’s history and Victoria’s equal longest serving Labor Minister. Throughout her career she has advocated strongly for Government investment that delivers for all Victorians, by creating jobs and delivering better health, education and transport services for communities.
 
Trustee event advice - Coronavirus

We at CEDA are proud to regularly convene and engage speakers and audiences as an essential element of our efforts to broaden discussion and debate of the most important policy issues facing Australia. In doing so, our first priority is always the safety and wellbeing of our guests and staff.

CEDA is currently running Trustee roundtable discussions virtually and face-to-face where there is member demand and they can be delivered in accordance with government health advice for a specific state.

For face-to-face roundtables, CEDA is working closely with our hosts and venues to ensure that social distancing can be maintained and facilities and equipment have been properly sanitised.

In line with government advice we request people that are unwell with cough or fever or other respiratory symptoms do not attend CEDA events. We also ask that you follow government advice and maintain social distancing by refraining from shaking hands or exchanging physical greetings, and wherever possible, staying at least 1.5 metres away from others.

CEDA is closely monitoring government advice regarding public gatherings and will follow all relevant health advice from the Australian government in relation to COVID-19.

We acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past, present and emerging.

Twitter feed

ABN 49 008 600 922 | © 2020 CEDA |  Privacy and data collection