Post by account_disabled on Mar 3, 2024 4:06:02 GMT
Asset Recycling Initiative Source: Marsh & McLennan Companies, Asia Pacific Risk Center Infrastructure Asset Recycling. As of May, major public assets (see Exhibit ) have been revealed under ARI across New South Wales, Victoria, the Northern Territory, South Australia and the Australian Capital Territory. Through the Asset Recycling Fund, $ billion has been distributed, and this is expected to incentivize $ billion in infrastructure investment in the coming years.
Exhibit : Major Public Assets under Asset Recycling Initiatives Source: Marsh & McLennan Companies, Asia Pacific Risk Center Infrastructure Asset Recycling. Despite clear successes in certain BTC Number Data states, the ARI didn’t fully use the available government allocation — and certain states didn’t participate at all. This lack of participation in places was the result of a few factors, but in Queensland, for example, some political parties pledged not to sell or lease public assets.
What are the lessons for others? Australia’s experience has provided a number of valuable lessons for other governments and private investors to learn from. A recent report (PDF) from Marsh & McLennan’s Asia Pacific Risk Center states that a key takeaway from Australia’s experience is that asset recycling is not always a suitable solution to a country’s infrastructure needs. Public buy-in is essential Having enough public assets to potentially monetize is a key prerequisite for an asset recycling scheme, but equally important is the willingness of the general public to accept private investment and management of infrastructure.
Exhibit : Major Public Assets under Asset Recycling Initiatives Source: Marsh & McLennan Companies, Asia Pacific Risk Center Infrastructure Asset Recycling. Despite clear successes in certain BTC Number Data states, the ARI didn’t fully use the available government allocation — and certain states didn’t participate at all. This lack of participation in places was the result of a few factors, but in Queensland, for example, some political parties pledged not to sell or lease public assets.
What are the lessons for others? Australia’s experience has provided a number of valuable lessons for other governments and private investors to learn from. A recent report (PDF) from Marsh & McLennan’s Asia Pacific Risk Center states that a key takeaway from Australia’s experience is that asset recycling is not always a suitable solution to a country’s infrastructure needs. Public buy-in is essential Having enough public assets to potentially monetize is a key prerequisite for an asset recycling scheme, but equally important is the willingness of the general public to accept private investment and management of infrastructure.
