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IN THIS EDITION

1. NSW Premier addresses IPA Industry Luncheon, commits to continued focus on infrastructure projects and reforms 2. NSW Government announces $2.6 billion lease of NSW Land and Property Information services to the Australian Registry Investments consortium 3. West Gate Tunnel Project contract awarded, preferred design released

4. Stage 3 of Cairns Southern Access Corridor preferred route announced, with funding committed from 2019 5. Bill passed to split RailCorp and establish new body; and Passenger Rail Punctuality report released 6. Social infrastructure wrap: IPART releases draft report reviewing rent models for social and affordable housing; providers announced for ’s first two social benefit bonds

7. Industry news 8. Industry appointments 9. IPA News

1. NSW Premier Gladys Berejiklian addresses IPA Industry Luncheon, commits to continued focus on infrastructure projects and reforms

NSW Premier Gladys Berejiklian addressed an IPA Industry Luncheon, in last week.

The Premier used her address to highlight NSW’s strong economic position and the substantial infrastructure investment currently underway in NSW, made possible by the lease of the State’s electricity poles and wires; and to assure industry leaders that NSW will continue its focus on major infrastructure renewal.

Figure 1: NSW Premier Gladys Berejiklian addressing IPA’s Industry Luncheon in Sydney last week

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Source: IPA

Acknowledging the importance of partnerships with the private sector, Ms Berejiklian pointed to some of the major projects that are recently completed or currently underway as a result of asset recycling, including WestConnex, Parramatta and Sydney Light Rail, , NorthConnex, the International Convention Centre and the recently awarded first stage of the Social and Affordable Housing Fund (SAHF).

The Premier highlighted that her Government’s focus is not just on the bricks and mortar, but also on providing the service delivery solutions that communities need. For this reason, the Premier said she is particularly proud of Stage One of the SAHF which will see 2,200 new social housing dwellings delivered for those that need them.

According to the Premier, “NSW will continue to be the thought leader in how things can be done most efficiently and in a customer centric way.”

The Premier’s address focused heavily on collaboration between the Government and the private sector, and the critical role collaboration has played in NSW’s success.

The Premier highlighted asset recycling as kick-starting NSW’s infrastructure agenda, noting that, “the asset recycling programme and the guts to be able to do that has allowed the government to find the funds necessary for our infrastructure pipeline”.

The Premier went on to discuss the range of delivery models being used to build infrastructure and provide services around NSW, pointing out that a one size fits all approach is not appropriate for the scale and diversity of infrastructure projects needed. Instead, the Government must determine which model works best to deliver the best outcomes.

Figure 2: [L-R] IPA's Brendan Lyon, Morgan Stanley's Julian Peck, NSW Premier Gladys Berejiklian, Laing O'Rourke's Mark Dimmock and McKinsey's Charlie Taylor

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Source: IPA

The current range of projects under delivery across the State represents a mix of different procurement models, many of which engage the private sector, such as traditional Public Private Partnerships (PPPs), availability PPPs and patronage PPPs.

According to the Premier, NSW is now a national leader in innovative financing models and procurement models, and other jurisdictions around Australia are seeking advice from NSW in these areas.

Ms Berejiklian also pointed out that the community is becoming much more comfortable with greater private sector involvement in service delivery, as long as the community gets better services.

The Premier cited the franchising of as an example that the community doesn’t mind who delivers the service, provided the quality and value are maintained and enhanced.

The Premier went on to say that the vision of her Government was of “one integrated system that delivers a seamless experience for the customer”, in which government plays the role of regulator but doesn’t necessarily deliver the services – and the public is becoming more amenable to that.

IPA thanks our event sponsors Laing O’Rourke and Morgan Stanley.

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2. NSW Government announces $2.6 billion lease of NSW Land and Property Information services to the Australian Registry Investments consortium

Last week, the NSW Government announced the acceptance of a $2.6 billion bid for the 35-year lease of NSW Land and Property Information’s (LPI) titling and registry services business from the Australian Registry Investments consortium, comprised of Hastings Fund Management and First State Super.

The NSW Government began a competitive tender process last year for operating the LPI’s titling and registry functions, which holds and administers land title and property datasets in NSW.

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Australian institutional investors have an 80 per cent stake in the winning consortium with the remainder held by the Royal Bank of Scotland, also managed by Hastings. Importantly, the transaction has approval by the Australian Competition and Consumer Commission, Federal Investment Review Board and the Australian Taxation Office.

In making the announcement, the NSW Government highlighted the central role of technology firm, Advara, which prepared the technology strategy in the Australian Registry Investments bid.

“This is an industry on the cusp of huge technological advances, and today we have partnered with some of Australia’s most reputable investors who will make sure the people of NSW get the benefit of those advances”, NSW Treasurer Dominic Perrottet said. Advara had recently been involved in modernising WA Land Information Authority’s land registry services which improved productivity, security and accuracy.

The NSW Government has also established a new regulator – the Registrar General – with extensive powers to monitor and enforce performance outcomes regarding data security and protection of property rights. In addition, the Government notes that it will also regulate the prices for titling and registry services.

The lease proceeds will enable the NSW government invest $1 billion into sporting infrastructure, including upgrades to Parramatta, ANZ and Allianz stadiums. The remaining funds will be deposited into the Restart NSW Fund to deliver priority infrastructure projects in NSW, with 30 per cent of total funds reserved for regional areas.

“It means even more funding for the schools, hospitals, public transport and roads that people depend on every day,”Ms Berejiklian said.

Read about the NSW LPI on ANZIP HERE

Read about the Western Sydney Stadium on ANZIP HERE

Read about the ANZ Stadium Redevelopment on ANZIP HERE

Read about the Allianz Stadium Redevelopment on ANZIP HERE

Read the NSW Government’s media release HERE

Read IPA’s media release HERE

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3. West Gate Tunnel Project contract awarded, preferred design released

A consortium comprising John Holland and CPB Contractors was selected by the Victorian Government this month to build the $5 billion West Gate Tunnel Project, with a preferred design chosen in the process.

The West Gate Tunnel Project is the final package of works as part of the wider Western Distributor Project, which also includes the Monash Freeway upgrade and the Webb Dock East Access Improvements, both of which have already been contracted. The West Gate Tunnel Project (shown in Figure 3) will include:

 widening the West Gate Freeway from eight to 12 lanes, including three express lanes between the M80 and the West Gate Bridge;  twin tunnels from the West Gate Freeway to the Maribyrnong River and the Port of Melbourne;  a bridge over the Maribyrnong River, linking to an elevated road along Footscray Road;  over 14 kilometres of new and upgraded cycling and walking paths, including a 2.5 kilometre ‘veloway’ for cyclists along Footscray Road and a pedestrian and cycle bridge across Footscray Road; and  installation of an electronic freeway management system, linking it to other freeway management systems across Melbourne.

Figure 3: Preferred design of West Gate Tunnel Project

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Source: Western Distributor Authority

As part of the twin tunnels design, the west bound tunnel will travel an additional kilometre creating Victoria’s largest tunnel at four kilometres long. Nine hectares of community open space including parklands and wetlands will also be built as part of the project.

An Environment Effects Statement (EES) to be displayed in mid-2017 is now being developed for the Project. Contractual close is expected at the end of 2017, with construction to start in early 2018. Figure 4 below shows the Project’s timeline.

Figure 4: Project timeline

Source: Western Distributor Authority

View West Gate Tunnel on ANZIP HERE

View the Victorian Government’s media release HERE

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4. Stage 3 of Cairns Southern Access Corridor preferred route announced, with funding committed from 2019

This week the Government announced the preferred alignment of the $481 million Bruce Highway – Cairns Southern Access Corridor Stage 3 Edmonton to Gordonvale project. The 10 kilometre duplication of the Bruce Highway is an extension of previously completed works.

The project will involve the duplication of the Bruce highway to four lanes between Collinson Creek, Edmonton and Draper Road, Gordonvale, incorporating the existing four lane section at Meringa.

The duplication will partially or fully close most existing local road intersections with the highway, re-directing traffic to safer entry/exit points. A section of the North Coast Rail Line will be moved to the east of the duplication as part of the works. The preferred alignment can be seen in Figure 5 below.

Figure 5: Cairns Southern Access Corridor Stage 3 Edmonton to Gordonvale project map

Source: QLD Transport and Main Roads

See a larger version of this image HERE

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The Federal and Queensland governments committed $8.5 billion to a 10 year Bruce Highway Upgrade Programme from 2013-14 as part of the Infrastructure Investment Programme. The overall programme includes over 30 individual projects along the highway's length.

Funding for the project is committed from 2019, with construction expected to commence in 2020.

The Federal Government is providing $384 million of funding while the Queensland Government is supplying the remaining $96.2 million, in an 80/20 split.

View the Bruce Highway Upgrade on ANZIP HERE

View the Cairns Southern Access Corridor Stage 3 on ANZIP HERE

View the Queensland Government Media Release HERE

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5. Bill passed to split RailCorp and establish new body; and Passenger Rail Punctuality report released

This month the NSW Government successfully passed a bill to separate and NSW Trains from RailCorp, and to legislate RailCorps’s conversion into the Transport Asset Holding Entity (TAHE) - a dedicated transport asset manager to operate and maintain NSW rail assets.

The amendments to the Transport Administration Act – which introduce the TAHE and the separation of both train operators – marks early steps towards enabling greater private sector involvement in the State’s passenger rail operations and infrastructure.

In introducing the Transport Administration Amendment (Transport Entities) Bill 2017 to parliament, the NSW Government stated the need to have a clear delineation between a publicly owned asset holder and the State as a direct service provider. The Government sees the bill as reflecting modern governance and financial practices in transport asset management through:

 optimising the existing transport asset base, to enable a more effective, efficient and commercial approach to the management of transport assets;  allowing transport operating entities to focus on their core functions of operating transport services and delivering improved customer service; and  delivering on capital and recurrent budget targets.

The creation of TAHE, a commercial public non-financial corporation, was committed to in the 2015-16 budget. The NSW Government first flagged its intention to create a TAHE in the 2013-14 Half-Yearly Review. TAHE will procure and sell assets consistent with government requirements and lease those assets to the operators (both Government and non- Government) under negotiated leases and other contracts. As such, it is expected that TAHE will over time provide a commercial return to the NSW Government.

Sydney Trains currently operates and maintains Sydney’s metropolitan heavy rail network, while NSW Trains operates NSW TrainLink, which provides regional and interstate rail services. Both service providers were created in 2012 as subsidiary corporations to RailCorp.

The legislation follows the NSW Government identifying “service commissioning” as a delivery option for NSW TrainLink services as part of the Regional Rail Fleet Replacement Project. It was confirmed last month that regional services, which would include XPT services and potentially XPLORER and Endeavour trains, could be delivered by a private operator. However, it is likely that the electric intercity trains would remain under government operation.

XPT services travel between Sydney, Melbourne, Brisbane, Dubbo, Grafton and Casino, while XPLORER and Endeavour trains serve key regional destinations like Armidale, the Southern Highlands, Moree, Griffith, Broken Hill, the Hunter and South Coast (between Kiama and Bomaderry).

The passing of this bill follows the NSW Auditor General’s report into Passenger Rail Punctuality, which found that rail agencies will struggle to maintain punctuality beyond 2019 unless network capacity is significantly

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increased. To combat this, the report recommends substantial investment into the existing heavy rail network.

The report notes that while system-wide punctuality has usually exceeded targets since 2005, reaching 94.2 per cent in 2015-16, some services performed well below target due to timetabling and signalling restrictions, while others struggled due to network constraints. The punctuality target set in the Rail Services Contract is 92 per cent.

This can be seen in Figure 6 below, which shows a significant drop in punctuality during the morning and afternoon peaks. The report observes that while suburban service punctuality recovers between peaks, intercity service punctuality does not.

Figure 6: Punctuality and number of trains arriving at Central on weekdays (1 July 2015 – 31 March 2016)

Source: NSW Auditor General

While it is apparent NSW Trains’ intercity service punctuality lags behind Sydney Trains’ suburban services, the report notes that NSW Trains’ operation of the service is limited to managing the train and station crew on route. Sydney Trains manages the movement of intercity trains from origin to destination and is responsible for maintaining track and signal infrastructure. Over the July 2015 – March 2016 period, NSW Trains attributed “72 per cent of their train delays to other agencies and infrastructure and fleet failures.” Thus the report concludes NSW Trains’ ability to improve intercity train punctuality is constrained.

The drops in punctuality during peak hour can be attributed in part to the lack of excess capacity. This is illustrated by the number of unused train paths during the morning peak, which currently stands at seven between 8am and 9am. This represents only six per cent of the train paths during this period, and the report observes they are likely to be utilised by 2019. The increasing utilisation of excess train paths exacerbates the impacts of incidents on punctuality as there is little or no time for the network to recover.

Despite the development of strategies for rail agencies to combat capacity constraints, the report warns that given the long lead times of major projects such as Sydney Metro – City and Southwest there remains a significant risk of poor punctuality after 2019 due to capacity constraints. Therefore, recommendations in the report centre on improving rail agency and inter rail agency operating processes, capacity and performance, and improving punctuality data analysis.

In response to the increasing punctuality problems raised, the report noted the new $276 million Rail Operations Centre to be operational in 2018, which is designed to improve network efficiency. This is in addition to Transport for NSW’s (TfNSW) decision to rollout an Advanced Train Control System across the network to replace the current less efficient trackside system, however the rollout is likely to only commence post 2020.

TfNSW aims to provide costed strategies for investment into the existing heavy rail network to Government in Q3 2017.

Read more on the Transport Administration Amendment (Transport Entities) Bill 2017 HERE

Read more on the NSW Auditor General’s Passenger Rail Punctuality report HERE

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View the Regional Rail Fleet Replacement on ANZIP HERE

View Sydney Metro – City and Southwest on ANZIP HERE

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6. Social infrastructure wrap: IPART releases draft report reviewing rent models for social and affordable housing; providers announced for Victoria’s first two social benefit bonds

The Independent Pricing and Regulatory Tribunal (IPART) has released a draft report, Review of Social and Affordable Housing Rent Models, providing draft findings and recommendations, and calling for submissions from all interested stakeholders. The draft report recommends a funding model where tenants continue to pay an income-based rent contribution, and government pays housing providers an explicit subsidy equal to the gap between the tenant contribution and the market rent.

The NSW Government tasked IPART with reviewing rental models for social and affordable housing services in 2016, as part of the Government’s Future Directions for Social Housing in NSW (‘Future Directions’).

The aim of the review is to recommend changes to the framework and policies for setting rents for social and affordable housing in NSW, in order to support a housing assistance system that:

 is affordable and equitable for tenants;  assists those who are most in need;  is financially sustainable for housing providers;  provides better outcomes for both tenants and the broader community; and  is consistent with achieving the goals of Future Directions.

The IPART draft report found little scope to change the current income-based approach for setting the rent tenants pay for social housing without making it unaffordable. The draft report also found that to be financially sustainable, housing providers need to receive sufficient rent revenue to recover the full efficient cost of provision.

IPART estimates that circa $950 million was required to fund the gap in 2015-16. This amount will only continue to grow in years to come, the draft report says, as the stock of social housing increases to meet unmet and future demand.

According to the report, social housing providers, including the NSW Government, are already implicitly paying for this gap through a combination of operating losses, deferred maintenance, unfunded depreciation and forgone returns on their assets.

IPART recommends a funding model where tenants continue to pay an income-based rent contribution, and government pays housing providers an explicit subsidy equal to the gap between the tenant contribution and the market rent, and also recommends that a clearer and stronger framework is needed for the social housing system, which should include a purchaser-provider framework with clear separation between policy and housing delivery.

The draft recommendations in the IPART draft report, Review of Social and Affordable Housing Rent Models, are:

1. tenants should continue to pay a rent contribution equal to 25 per cent of their assessable income, with some excluded sources of income to be included in the rent contribution calculation; 2. housing providers should receive an explicit subsidy equal to the gap between the tenant contribution and market rents; 3. a clearer and stronger governance framework needs to be put in place; which IPART recommends should include a purchaser-provider framework with clear separation between policy and housing delivery and a Social Housing Strategy, developed by FACS and updated annually; 4. prioritisation and allocation processes should be reformed to improve outcomes for tenants and the community (e.g. allocating applicants social housing properties that will help them access the amenities and opportunities they need or reallocating existing tenants when identified as being in properties that are no longer suitable to their needs); 5. some changes to eligibility and tenure arrangements specifically to address workforce participation incentives; 6. transitional arrangements for funding and providing Aboriginal Community Housing should continue as planned; and 7. focus of available funding should be on social housing, rather than affordable housing, because affordable housing diverts funds available for housing assistance away from those in the greatest need.

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IPART are inviting submissions on the recommendations in the draft report and submissions are due by 12 May 2017.

Read IPART’s Review of Social and Affordable Housing Rent Models HERE

Also in social infrastructure, the Victorian Government has announced that two consortia led by welfare service providers Anglicare and Sacred Heart Mission will deliver the State’s first social benefit bonds, which will focus on at risk youth and the long-term homeless.

The Anglicare consortium, which includes VincentCare, proposes a mix of individualised case management, specialist support, and stable housing to improve outcomes for young people leaving out of home care.

Sacred Heart Mission will provide rapid access to stable housing and intensive case management to support Victorians experiencing chronic homelessness and harmful alcohol and other drug use.

A Social Benefit Bond, also called a Social Impact Bond, is a relatively new financial instrument in which private investors provide up-front funding to service providers to deliver improved social outcomes - with the bonds repaid through the fiscal savings achieved by Government from better social outcomes.

The Victorian Government has said that the social benefit bonds will complement current Victorian Government programmes and services and will not replace existing services.

Read the Victorian Government’s media release HERE

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7. Industry news

The Commonwealth Government has directed the Australian Competition and Consumer Commission (ACCC) to monitor the wholesale gas market in Eastern Australia to assess the competitiveness of wholesale gas prices in Eastern and Southern Australia. The ACCC will use inquiry powers over a three year period to compulsorily acquire informatio. on gas prices and volumes. The inquiry is aimed at increasing transparency and providing the Government with a comprehensive outline of gas market operation.

The ShapEd consortium, comprised of CPB Contractors, Pacific Partnerships, HRL Morrison, Southbase Construction, Spotless and ARC Architects, has reached contractual close on the NZ$200 million (A$205.1 million) New Zealand Schools Public Private Partnership (PPP). The project’s construction phase is scheduled to start in July 2017, with the schools expected to open in 2019, and to be maintained by the consortium for 25 years.

The $400 million Ipswich Motorway Upgrade from Rocklea to Darra Stage One detailed design contract has been awarded to Bielby Hull Albem Joint Venture, comprised of Bielby, JF Hull and Albem. The contract works include detailed design of the upgrade, with the project upgrading the Ipswich Motorway from four to six lanes along a three kilometre stretch between Rocklea and Oxley. Construction is expected to be completed in 2020.

CPB Contractors has been selected by Corrective Services NSW for the design and construct contract for work on the Junee Correctional Centre as part of the overall $3.8 billion prison expansion project. As managing contractor, CPB Contractors will expand the existing prison to create a total of 480 new beds, incorporating new maximum security and administration buildings; demolish or relocate existing buildings; and refurbish existing infrastructure to support the prison’s increased capacity. Construction is scheduled to commence mid-2017 and conclude in 2019.

The Queensland Government has called for Expressions of Interest (EOIs) for a managing contractor to oversee the $200 million Capricornia Correction Centre expansion near Rockhampton. EOIs will close on 27 April 2017 with construction expected to commence this year.

The first sod of the $1.825 billion Moorebank Logistics Park was turned this month. Sydney Intermodal Terminal Alliance (SIMTA), comprised of Qube and Aurizon, will facilitate most of the capital investment (circa $1.5 billion over the first 10 years), and develop and operate the terminals and warehousing at the site, with Moorebank Intermodal Company to contribute $370 million for the rail connection, biodiversity offsets, and preparation of Commonwealth land.

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Transurban has released the March quarter 2017 update, reporting a growth in Average Daily Traffic (ADT) of 5.3 per cent. In Sydney, proportional toll revenue increased 9.8 per cent to $215 million. Average daily traffic increased 3.9 per cent to 638,000 trips. Melbourne toll revenue increased 1.0 per cent to $165 million, and ADT decreased 0.5 per cent to 806,000 transactions. In Brisbane, proportional toll revenue increased 28.9 per cent to $94 million, with ADT increasing 20.4 per cent to 388,000 trips.

Urban renewable authority, Development Victoria, has been established this month, with operations commencing on 1 April 2017. Development Victoria will assume responsibility for the projects, contracts and other responsibilities of Major Projects Victoria and Places Victoria from this date.

New Zealand community housing provider, Accessible Properties, has completed the process to purchase and manage the tenancies of 1138 social households in Tauranga, New Zealand, which commenced from 1 April 2017. The organisation manages more than 2,700 social houses.

John Holland has commenced work on the new $170 million Airport East project, a road underpass linking , Botany Road and Wentworth Avenue in Sydney. The project is expected to be complete in 2019, and will replace the General Holmes Drive rail level crossing with a road underpass. Work on the Airport West project is due to finish in mid-2017, and work on the Airport North project later this year.

Coffey and AECOM have commenced geotechnical investigations for the $17.6 billion Western Harbour Tunnel and the Beaches Link Tunnel projects in Sydney. The projects will provide a motorway grade link between the proposed WestConnex Stage 3 project in Rozelle, and the road networks in Artarmon, Balgowlah and Seaforth. The NSW Government has committed $77 million for the geotechnical works.

BMD Construction has completed the new Boundary Road Bridge as part of the Boundary Road Interchange Upgrade, over the Bruce Highway at Narangba, ahead of schedule. The bridge has six lanes, and was opened to traffic earlier this month. The Boundary Road Interchange Upgrade project is expected to be completed by the end of 2017.

Downer has contracted Civilex to deliver a $20 million marquee package as part of the $2 billion High Capacity Metro Train Project. The Victorian Government is building a facility to house and maintain its new fleet of high-capacity metro trains (HCMTs), with the facility to include maintenance facilities, a train simulator and stabling for up to 30 trains.

ITOCHU has agreed to conclude a capital and business alliance with GRID, a research, development and manufacturer of solar power generation systems and an Artificial Intelligence technologies business. GRID develops and provides software framework of machine learning and deep learning, providing solutions to issues such as prediction of power consumption and anomaly detection.

Rider Levett Bucknall (RLB) has released the 2017 second quarter RLB Crane Index, reporting that the Sydney and Melbourne construction markets have continued to grow. and Victoria were the states with the highest amount of construction work occurring, and Western Australia, Queensland and the Northern Territory are feeling the effects of the post construction phase of the mining boom. The index identified 654 cranes in total across Australia, 12 from a peak of 666 in October 2016. 330 new tower cranes were erected in the past six months, offset by the removal of 342 from projects nearing completion.

Inaugural Latin American Infrastructure Forum. The Victorian and Australian governments, the Council on Australian Latin America Relations (COALAR), Austrade, the Department of Foreign Affairs & Trade and private sector representatives are holding the Inaugural Latin American Infrastructure Forum on Tuesday 23 May 2017. The event will showcase to the Australian market the pipeline of projects that are being rolled out throughout the Latin American region. Read more about the Forum HERE

The South Australian Government and Uber have agreed to accreditation through a Centralised Booking Service. Credit card fees have been cut to a $1 levy on all trips, and funds raised from the levy will enable fees and charges to be cut across the industry.

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8. Industry appointments

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Anthony Miller will become Chief Executive Officer of Deutsche Bank Australia and New Zealand. Mr Miller was most recently Partner at Goldman Sachs based in Hong Kong, and Co-Head of the Financing Group for Asia Pacific within the investment banking division.

GHD has appointed Rob Knott as Executive Chairman of GHD, and Sheryl Cornelius has been appointed as Regional People Manager for the Asia Pacific, to be based in Auckland, New Zealand. Mr Knott has been a director at GHD since 2009, and was most recently General Manager – Asia Pacific and Services. Mr Knott provided support to mergers that that the business has completed, and Ms Cornelius has held senior positions in a number of industries, and has over 20 years’ experience in the support services space.

Alexandre R.A. Gomes has been appointed as Chief Technical Principal Tunnels and Underground at SMEC. Mr Gomes has more than 25 years’ experience in the design and construction of multidisciplinary tunnel and underground projects, and geotechnical and geomechanical engineering. Mr Gomes has provided expertise across all stages of projects across Europe, Asia and the Americas, from feasibility studies through to detailed design and construction supervision.

Arup has appointed Dr Therese Flapper as Canberra office leader, as well as continuing as the Australasia Water Skills Leader. Arup’s Canberra office oversees projects such as Canberra Light Rail, Parkes Way and Gungahlin to the Lake. Arup has also appointed Ross Campbell to take leadership of the Highways business and Anna Squire to lead the Rail business in Australasia. Mr Campbell is a Fellow of Roads Australia with experience in both the public and private sectors. Ms Squire is a Fellow of Engineers Australia, overseeing Sydney Metro, Cross River Rail in Brisbane, Inland Rail and Auckland Light Rail.

Corrs Chambers Westgarth has appointed Jade Rowarth as a Partner, to be based in Melbourne. Ms Rowarth has practised in the United Kingdom and Australia, advising on restructuring and insolvency matters.

Sasho Anastasieski has been appointed Operations Manager of McConnell Dowell, effective 3 April 2017. Mr Anastasieski has 25 years of construction experience, and has held management roles with Fulton Hogan, John Holland and Laing O’Rourke. Mr Anastasieski is based in Sydney, and will be responsible for overseeing the delivery of projects across Australia. David Sims has also joined McConnell Dowell as General Manager New Business and Strategy. Mr Sims was previously at John Holland as Executive Manager – Strategy & Business Planning and General Manager – Engineering Innovation.

Herbert Smith Freehills has announced a series of promotions to the global partnership, including Nick Carney (Projects, Sydney), Peter Davis (Corporate, Sydney), Jon Evans (Finance, Melbourne), Tania Gray (Disputes, Sydney), Clayton James (Corporate, Sydney) and Miles Wadley (Finance, Melbourne).

AECOM has appointed Vern Kuehn as Executive Vice President and General Manager of the federal business unit within the Construction Services group. Mr Kuehn will be responsible for working to implement a strategy that enhances its integrated delivery offering, focusing on efforts to provide design-build services across federal market sectors. Mr Kuehn has experience in construction service, most recently leading the federal construction business of Kiewit Corporation in McClean.

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9. IPA News

IPA hosted a leaders’ luncheon in Melbourne with Jin Liqun, President, Asian Infrastructure Investment Bank (AIIB). The luncheon was hosted by The Hon Warwick Smith AM, Chairman NSW & ACT and Senior Managing Director, ANZ. Mr Liqun outlined the AIIB’s energy strategy, governance, and opportunities for private sector involvement in projects supported by the AIIB.

IPA also hosted a leaders’ luncheon in Melbourne with David Hodgett, Victorian Deputy Leader of the Opposition and Shadow Minister for Public Transport and Ports. The luncheon was hosted by Matthew Hill, Operations Manager – Victoria, Coffey. Mr Hodgett outlined his view on the transport and funding priorities for Victoria and the forward infrastructure pipeline. In particular, public transport capacity issues were explored, as well as the ongoing discussion around a second container port.

Energy Taskforce

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IPA will be holding an Energy Taskforce with Rob Heferen, Deputy Secretary, Commonwealth Treasury Department of the Environment and Energy.

DATE: Wednesday 17 May 2017 TIME: 10:30am (sharp) – 12:00pm VENUE: Deloitte

Sydney Level 9, Grosvenor Place, 225 George Street

Melbourne Level 10, 550 Bourke Street

Brisbane Level 25, Riverside Centre, 123 Eagle Street

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