Despite the current economic climate Australia has a number of asset replacement challenges as aged assets approach retirement, and demand for services is sustained or in some cases increases. This combined with the financial constraints being experienced provides us all with challenges about how we can sustain our businesses, and our assets, to continue to achieve the required delivery of services. The assets which enable our businesses to deliver the required services have long lifecycles, longer than the economic boom/bust cycle, longer than the tenure on a CEO or Board member, and certainly longer than a political term.