Impact of the State Infrastructure Strategy 2018
The State Infrastructure Strategy 2018 (SIS 2018) makes recommendations for each of NSW’s key infrastructure sectors — transport, energy, water, health, education, justice, social housing, culture, sport and tourism. These recommendations cover policy and process recommendations, as well as new infrastructure. The CIE has been asked to assess the economic impact of implementation of INSW’s recommendations.
Previous State Infrastructure Strategies have focussed on infrastructure to address the backlog of investment (2012) and large-scale capital spending on new infrastructure funded by asset sales (2014). The SIS 2018 is about more than big projects. The largest economic impacts from its implementation will arise from better use of existing infrastructure, better processes for making decisions about infrastructure, providing services more efficiently and pricing services efficiently.
In this report we have modelled the impact of the recommendations from the SIS and spending on priority projects, if accepted by government.