Interesting. My infrastructure knowledge is pretty limited. But I know there are some very big energy projects around QLD (more in the north of the state) planned. Probably like NZ is going to be a huge future demand for electrical trades, engineering, construction workers and technicians. Like thousands of workers are going to be needed, and already lots of talk about targeted immigration planning.
Many projects here in Oz are financed via Superannuation Funds (think Kiwi Saver funds). ASFA found super funds’ total investment in infrastructure assets had reached $165 billion (8% of total assets) by 2022, up from $30 billion (or 3% of assets) in 2010.
Many projects here in Oz are financed via Superannuation Funds (think Kiwi Saver funds). ASFA found super funds’ total investment in infrastructure assets had reached $165 billion (8% of total assets) by 2022, up from $30 billion (or 3% of assets) in 2010.
And the investment in green energy projects is increasing, which is good news. I think only WA & QLD (the 2 states with strong mineral lobby groups), are currently dragging the chain re renewable targets to hit.
ASFA analysis found that super funds’ energy-related investments have shifted significantly towards renewables in the past decade.
Energy costs are obviously now a massive challenge for manufacturing. The Ohakune mills closing. Tiwai Point before that. It's one of the few areas where I'd almost consider some form of Govt industry help, especially if it can be shown that longer term spot energy prices will be lower, and these mills profitable again. No idea if that is feasible.
On another infrastruture angle Aussies are used to paying road tolls, especially in the big cities. Even up here on the regional Sunshine Coast where I am, years ago alot of the road network was improved with new toll roads. The toll bridges now removed I presume because they hit their revenue targets. Kiws seem to have an aversion to paying road tolls, but from my limited intel they seem to work regarding getting some of that roading spend eventually paid for.
And they are finally going to build a proper heavy rail line between Brisbane & the Sunny Coast, like there is between Brissy & the GC. But only half will be completed by the 2032 Olympics apparently. Thousands commute down the Bruce Highway to Brisbane each day. Can become a carpark like Auckland's motorways if is an accident. The railway upgrade (park & rides, connecting buses) will make the Sunshine Coast even more popular as a place to call home.
ASFA analysis found that super funds’ energy-related investments have shifted significantly towards renewables in the past decade.
Energy costs are obviously now a massive challenge for manufacturing. The Ohakune mills closing. Tiwai Point before that. It's one of the few areas where I'd almost consider some form of Govt industry help, especially if it can be shown that longer term spot energy prices will be lower, and these mills profitable again. No idea if that is feasible.
On another infrastruture angle Aussies are used to paying road tolls, especially in the big cities. Even up here on the regional Sunshine Coast where I am, years ago alot of the road network was improved with new toll roads. The toll bridges now removed I presume because they hit their revenue targets. Kiws seem to have an aversion to paying road tolls, but from my limited intel they seem to work regarding getting some of that roading spend eventually paid for.
And they are finally going to build a proper heavy rail line between Brisbane & the Sunny Coast, like there is between Brissy & the GC. But only half will be completed by the 2032 Olympics apparently. Thousands commute down the Bruce Highway to Brisbane each day. Can become a carpark like Auckland's motorways if is an accident. The railway upgrade (park & rides, connecting buses) will make the Sunshine Coast even more popular as a place to call home.