The Australian Government commissioned an Independent Strategic Review of the Infrastructure Investment Program in May 2023 (the Review).
The outcomes of the review process were considered in the context of the 2023-24 Mid-Year Economic Fiscal Outlook process and can be found at Nation-building infrastructure for a better Australia | Ministers for the Department of Infrastructure.
About the Review
The objectives of the Strategic Review are to:
- assess projects funded under the IIP and make recommendations on the merits of projects continuing;
- make recommendations for transitioning the IIP to a sustainable 10-year rolling pipeline that targets appropriately costed, nationally significant infrastructure projects;
- make recommendations on reforms to Infrastructure Investment Program sub-programs, such as the Roads to Recovery Program, including whether the Australian Government could deliver them more effectively; and
- consider other relevant projects or matters as agreed in consultation with relevant jurisdictions.
The reviewers consulted with relevant government and industry stakeholders and provided a report to the Minister for Infrastructure, Transport, Regional Development and Local Government in August 2023.
The Review Executive Summary was released on 16 November 2023 and can be viewed at Independent Strategic Review of the Infrastructure Investment Program - Executive Summary | Department of Infrastructure, Transport, Regional Development, Communications and the Arts.
Terms of Reference
Review the IIP Independent Stategic Review Terms of Reference PDF: 137 KB.
Who conducted the Review?
The Review was undertaken by three eminent people with extensive experience in land transport infrastructure and Commonwealth-state and territory relations.