Addressing Governance, Accountability and Performance Monitoring Issues in Partnerships: Can 'Infrastructure Australia' Provide a Strategic Response?(Report‪)‬

INTRODUCTION Australia's development of economic infrastructure, especially in the area of suburban land transport, has largely been undertaken at sub-national level by state governments. While there are historical reasons for this uncoordinated approach to infrastructure development, related to the country's colonial past, it is obvious that there are infrastructure gaps to the extent that it is claimed that continuing national economic development will be hindered. As a no-cost-to-government procurement strategy, PPPs-PFPs (public-private partnerships--privately financed projects) are seen as a viable procurement option to address the infrastructure deficits, especially at times of economic constraints, as is currently the case.