Policy

NSW Budget allocates $3 billion for Sydney's Western Metro

NSW Treasurer Dominic Perrottet has handed down 2018's state budget which will see the state's massive education and transport infrastructure bonanza continue. In common with other states and the federal government, much of the big ticket items have already been announced prior to the budget speech. They included, among may things, money to kick start converting Sydney Train's existing lines to use a 'digital signalling platform'. However,...

Infrastructure Australia argues for greater federal investments in state and territory infrastructure

Infrastructure Australia has released a new report titled Making Reform Happen and it argues the Federal Government, who holds most of the purse strings across Australia's three tiers of Government, should make additional investments - over and above existing commitments - in return for delivery of reforms. One of the highest priority recommendations from IA is that Canberra should establish mechanisms that link and provide additional...

Victoria's new local government bill introduced to state parliament

Victoria's Minister for Local Government, Marlene Kairouz, has introduced the new Local Government bill 2018 be which, if passed, will repeal some legislation relating to local governments and amend other acts. The new bill would repeal the City of Greater Geelong Act 1993, amend the City of Melbourne Act 2001, the Local Government Act 1989 and the Victorian Grants Commission Act 1976. Spring Street is characterising the new bill as one that...

Sally Capp elected Lord Mayor in City of Melbourne by-election

Sally Capp has been elected as the new lord mayor of Melbourne in a council by-election result that saw the new mayor achieve a 53:47 split after preferences were counted. The lord mayor-elect received 19,412 first preference votes, Jennifer Yang, an ALP-backed candidate received the second highest number of first preference votes at 11,774 and the Greens candidate Councillor Rohan Leppert came third in the first preference stakes with 11,296...

Cutting tax revenue over the next 7 years could spell a worrisome infrastructure finance deficit

Comment It's now quite obvious why Tuesday's budget speech had effectively every infrastructure initiative announced well before the Treasurer's speech - the Turnbull Government wanted everyone to focus on its 'surprise!' tax cut plan . All of the infrastructure items in the Federal Government's 2018/2019 budget were announced before Scott Morrison rose to the despatch box in Canberra on Tuesday night - the biggest item out of all of them, the $...

Victorian Budget: the big ticket items funded outside of Melbourne

The priority TAFE courses that will attract no fees, as outlined in yesterday's Victorian budget, has translated into multiple funding commitments to new TAFE facility construction and upgrades across Victoria. The Bendigo Advertiser is today reporting the $59.9 million announced for Bendigo TAFE's City Campus is a 'game-changer' and the money will be used to build 'a planned stage redevelopment for the creation of three separate TAFE precincts...

Victorian Budget 2018, a spotlight on some new initiatives

Analysis Victorian Treasurer, Tim Pallas, has handed down the Andrews Government's fourth and final budget prior to the state election to be held in November. You can't help but feel that this budget is one geared for the coming election, but also it's pretty clear the state government is grasping the population growth challenge with significant investment in skills in job areas that the Treasurer himself has said are in short supply. Many of...

Houses & early feed-in tariffs helped reduced rooftop solar costs, it's time to focus on apartments and the impending storage boom

Australia is in the middle of a rooftop solar boom with news last week that in the March quarter 351 megawatts (MW) of new capacity was installed including 127MW for the month of March alone. According to SunWiz , the uptake is accelerating. The acceleration has been attributed to high prices from electricity retailers and the consistent cost reductions in photovoltaic technology that has created an environment where many house-owners and...

Spring Street announces bans on certain types of combustible cladding

The Victorian Government has announced it will ban the use of aluminium cladding panels that have a polyethylene core of more than 30% and expanded polystyrene will also be banned on buildings with 3 or more levels. The changes were announced by the Planning Minister, Richard Wynne, on Saturday morning along with new guidelines for building surveyors. The Victorian Cladding Taskforce, who made the recommendations, was set up in the wake of the...

Spring Street jumps up and down at Western Sydney City Deal, hasn't released Melbourne PT network development plans

Comment In a perfect world, different levels of government would work well with each other, with the layer of government who's better placed to plan for a region's future - the state government - producing, consulting and updating plans over time with the Federal layer swooping in every now and again, choosing to help out financing new infrastructure projects the state government has deemed a specific region will need. That's how we'd want...

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