November saw the release of the ALGA’s 2018 National State of the Assets Report. It is reported that $30 billion is required to renew and replace ageing infrastructure that is needed now.
Capacity of infrastructure was also reported. Capacity is linked to productivity and productivity is a major focus in infrastructure investment. Councils estimate $24 billion of current infrastructure value has poor capacity over the approximate $426 billion estimated portfolio of council infrastructure fixed and land assets. Take a look at the report here.