December 3, 2007

Australian News Channel

A new study suggests the states could save over $6 billion by using more controversial public-private partnerships to deliver crucial infrastructure.

The research by Allen Consulting and Melbourne University found such partnerships had much lower cost blowouts in delivering infrastructure compared to traditional government projects, which suffered from overruns of up to 35.3 per cent.

The findings will put the heat on the states to simplify the costly and complex bidding processes for companies competing for the projects, including Macquarie Group, Babcock and Brown and Leighton Holdings.

The new Federal Labor government has pledged to streamline the partnerships, and also set up a new national authority to coordinate planning and cut the deficit for crucial infrastructure such as water, transport and education.

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