Hear from the Victorian Treasurer, Tim Pallas MP, on how the Andrews Government intends to deliver on its record $100bn infrastructure program and 30-year infrastructure strategy, whilst navigating the unprecedented challenges of COVID-19.
This webinar is a chance to hear directly from the Treasurer about the Victorian Government’s immediate infrastructure priorities and most up to date plan to work with the private sector to deliver world’s best practice transport, energy and social infrastructure to meet the rising demands of Australia’s fastest growing state.
Summary of our discussion:
– The Victorian Government is looking to leverage its AAA credit rating to provide much needed fiscal stimulus to support the economy in the short term via its recently announced $2.7bn Building Works package, which is targeting shovel ready schools, community housing, tourism and regional centre upgrade projects.
– The Government also remains committed to progressing its ambitious multi-billion state infrastructure program and will progress large scale projects including North East Link, Footscray and Frankston hospitals and the Suburban Rail Loop, despite recent cost overruns and time delays.
– To progress the pipeline, all project participants need to be committed to risk allocation reform, which includes changes to tendering and procurement models and the need to better define project risks before they may be sustainably allocated.
The Hon. Tim Pallas MP, Treasurer of the Victorian Government
Brad Calleja, General Manager, Specialised and Acquisition Finance, NAB (Moderator)
Paul Crowe, Head of Origination, Plenary
Jason Loos, Deputy Secretary, Commercial Division, Department of Treasury and Finance
Amelia Rahman, Director, Specialised and Acquisition Finance, NAB
Tom Roche, Executive General Manager – Development & Investments, John Holland
For details of the original event, follow this link.