Future Building 2017

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Dominic Perrottet, New South Wales Treasurer

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Dominic Perrottet, New South Wales Treasurer Key points: • • •

Infrastructure is about making both the economy and society thrive. New South Wales is leading the country because of the funding capacity from asset recycling. The ongoing spectre of political interventions in markets and projects is a growing concern.

I believe that there has never been a better time to be in the infrastructure game in New South Wales. Sydney now accounts for more than half of the cranes in Australian skies – a number that once again increased last quarter. Our recent budget invested another $73 billion in infrastructure to keep this revolution rolling on. Boral CEO Mike Kane said recently he expects the infrastructure boom to last for 10 years – and for it to be even better for business than the housing construction surge we have

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seen. But our motivation is not about building and construction. Whilst it is exciting to see an enormous amount of activity, we are not embarking on this ambitious programme simply because we love pouring concrete and raising steel. As a Treasurer, and as a Government, we never lose sight of the fact that we are on a mission to make our state the best place to live, work, raise a family and run a business. We are passionate about building infrastructure because it contributes to improving the quality of people’s lives. A new metro means a quicker trip home to join the family


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