5DFunctions—providing advice on infrastructure matters

5D Functions—providing advice on infrastructure matters

(1) For the purposes of paragraph 5(c), Infrastructure Australia has the following functions: (a) to identify any impediments to investment in nationally significant infrastructure and identify strategies to remove any impediments identified; (b) to promote the timely and efficient delivery of nationally significant infrastructure projects, consistent with considerations of social and environmental sustainability; (c) to identify and promote best practice in the planning and procurement of nationally significant infrastructure projects; (d) to review and provide advice on proposals to facilitate the harmonisation of policies, and laws, relating to development of, and investment in, infrastructure; (e) to review Commonwealth infrastructure funding programs and their alignment with Infrastructure Plans: (i) at the request of the Minister; or (ii) after consultation with the Minister; (f) to inquire into and report on matters relating to nationally significant infrastructure: (i) at the request of the Minister; or (ii) after consultation with the Minister. (2) For the purposes of paragraph 5(c), Infrastructure Australia has the function of providing advice to the Minister and the Commonwealth on matters relating to infrastructure, including in relation to the following: (a) Australia’s current and future needs and priorities relating to nationally significant infrastructure; (b) policy, pricing and regulatory issues that may impact on the utilisation of infrastructure; (c) policy issues arising from climate change, including the achievement of Australia’s greenhouse gas emissions reduction targets; (d) impediments to the efficient utilisation of national infrastructure networks; (e) options and reforms, including regulatory reforms, to make the utilisation of national infrastructure networks more efficient; (f) the needs of users of infrastructure; (g) mechanisms for financing investment in infrastructure; (h) the delivery of infrastructure projects. (3) For the purposes of paragraph (2)(h), Infrastructure Australia may evaluate the delivery of an infrastructure project, including evaluating: (a) the delivery against any targets set before or during delivery; and (b) any relevant assumptions made before or during delivery. (4) Infrastructure Australia also has the function of promoting public awareness of the matters mentioned in subsections (2) and (3), including by publishing information on its website.