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ARTICLE · 05 DECEMBER 2005

Public Private Partnerships – Family Improvement

Recognising and debating the challenges with PPPs is a key feature to finding viable commercial solutions which enable the delivery of successful projects and value for money.

AustraliaAccounting and Audit

By Professor Doug Jones AM

Key Point

  • Recognising and debating the challenges with PPPs is a key feature to finding viable commercial solutions which enable the delivery of successful projects and value for money.

Development of PPPs in Australia

The development of Public Private Partnerships (PPPs) in Australia was initially motivated by the desire of the States to develop public private infrastructure via the introduction of private finance, thus enabling the infrastructure to be brought on stream earlier than otherwise possible. Since then, however, the view has developed that the delivery and operation of public infrastructure by the private sector are more efficient than that possible by the public sector.

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