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ARTICLE · 29 JULY 2012

Infrastructure Reform in Queensland Part 2 – fixing the framework for developers and financiers

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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There are a number of urgent issues to be addressed to reform tenure for linear infrastructure projects in Queensland.

AustraliaFinance and Banking

IMPORTANT INFRASTRUCTURE PROJECTS IN QUEENSLAND ARE BEING HAMPERED BY OUTDATED LEGISLATION WHICH IS IN URGENT NEED OF REFORM

The legislative framework was designed for a bygone era where government was virtually the sole supplier of infrastructure. Its failure to accommodate the increased role of the private sector in major projects is affecting both government and private entities across a variety of gas, water, electricity and rail projects.

Part one of this article looked at the generic conflicts and challenges experienced by most industry sectors in trying to operate under the current framework. In this second instalment we turn our attention to the specific challenges faced by the water, gas, electricity and rail sectors and also the major project risks for proponents and financiers of linear infrastructure.

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