2005-06 2005-06 Public Sector Strategy and Outlook Strategy Asset Investment Program Budget Paper No. 2 No. Budget Paper 2005-06 Strategy and Outlook Budget Paper No. 2 www.budget.vic.gov.au Budget Information Paper No. 1 Presented by the Honourable John Brumby MP Treasurer of the State of Victoria The Secretary Printed on recycled paper Department of Treasury and Finance 1 Treasury Place Melbourne Victoria 3002 Australia Telephone: +61 3 9651 5111 Facsimile: +61 3 9651 5298 Website: www.budget.vic.gov.au 2005-06 Budget Paper set includes: Budget Paper No. 1 – Treasurer’s Speech Budget Paper No. 2 – Strategy and Outlook Budget Paper No. 3 – Service Delivery Budget Paper No. 4 – Statement of Finances (Incorporating Quarterly Financial Report N0. 3) Budget Overview Published by the Department of Treasury and Finance © State of Victoria 2005 This book is subject to copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act. ISSN 1 441-3787 Published October 2005 by authority Front cover images ■ The Peace Tower (2003), artist Suesy Circosta in collaboration with residents of the Collingwood housing estate ‘Work for the Dole’ participants and volunteers from the City of Yarra ■ The Voices of Atherton Gardens Choral Group photographed by Angela Bailey 2004 Public Sector Asset Investment Program 2005–06 Presented by The Honourable John Brumby, M.P. Treasurer of the State of Victoria for the information of Honourable Members Budget Information Paper No. 1 TABLE OF CONTENTS Introduction ................................................................................................................ 1 Coverage .............................................................................................................................. 1 Assets................................................................................................................................... 1 Chapter 1: Public Sector Asset Investment Program 2005–06 ............................. 3 2005-06 Asset investment initiatives ....................................................................................3 Asset management and delivery .......................................................................................... 8 Investing in the general government sector .......................................................................... 9 Major public non-financial corporations asset investments................................................. 13 Other public non-financial corporations .............................................................................. 15 Private sector investment in state infrastructure ................................................................. 15 Chapter 2: General Government Sector Asset Investment Program 2005–06 .. 19 Department of Education and Training ............................................................................... 19 Department of Human Services.......................................................................................... 38 Department of Infrastructure............................................................................................... 43 Department of Innovation, Industry and Regional Development......................................... 52 Department of Justice......................................................................................................... 53 Department of Premier and Cabinet ................................................................................... 59 Department of Primary Industries ....................................................................................... 61 Department of Sustainability and Environment................................................................... 62 Department of Treasury and Finance ................................................................................. 65 Department for Victorian Communities ............................................................................... 66 Parliament .......................................................................................................................... 68 Country Fire Authority.........................................................................................................69 Metropolitan Fire and Emergency Services Board ............................................................. 71 Chapter 3: Major Public Non–Financial Corporations Asset Investment Program 2005-06 by Agency ................................................................................... 73 First Mildura Irrigation Trust................................................................................................ 73 Gippsland and Southern Rural Water Authority.................................................................. 74 Goulburn–Murray Rural Water Authority............................................................................. 75 Grampians Wimmera–Mallee Rural Water Authority .......................................................... 82 Lower Murray Urban and Rural Water Authority................................................................. 88 Office of Housing ................................................................................................................ 90 Regional Urban Water authorities....................................................................................... 93 Appendix A: Contact Addresses and Telephone Numbers............................... 125 General government sector ..............................................................................................125 Public non–financial corporations ..................................................................................... 127 Appendix B: Location Index.................................................................................. 129 Style Conventions.................................................................................................. 133 i INTRODUCTION COVERAGE The purpose of this publication - 2005-06 Public Sector Asset Investment Program – Budget Information Paper No. 1 (BIP1) is to outline major asset investment in 2005-06 for the general government sector and major public non-financial corporations (PNFCs). For each entity, the asset investments are listed as either: • ‘Existing’ - projects that have received government approval and were being delivered as at 30 June 2005; or • ‘New’ - projects approved and announced to commence by government as part of the 2004-05 Budget Update or the 2005-06 Budget. The general government sector asset investment projects in this Paper support the outputs detailed in 2005-06 Service Delivery, Budget Paper No. 3. Projected asset investment expenditure on individual projects for 2005-06 and beyond, takes into account investment activity up to and including 30 June 2005. ASSETS Assets are non-current physical assets, typically infrastructure assets. Infrastructure assets provide services used to support or to produce outputs in the form of final services or products. Examples of infrastructure assets are the State’s road and railway networks, information technology, schools and hospitals. The State’s asset portfolio also includes water storage and distribution infrastructure, correctional centres, courts, cultural assets such as historic museum collections as well as environmental assets such as public reserves, parks and public open spaces. Asset investment listings are provided for asset intensive major public non-financial corporations, with summary information provided for a number of significant corporations. Major public sector asset investment projects being delivered under Partnerships Victoria during 2005-06 are summarised in Chapter 1 of this publication. Minor asset investment, where the total estimated investment is less than $100 000 or where projects are funded from ongoing minor works allocations, are not listed. Public Sector Asset Investment Program 2005-06 Introduction 1 2 Introduction Public Sector Asset Investment Program 2005-06 CHAPTER 1: PUBLIC SECTOR ASSET INVESTMENT PROGRAM 2005–06 The public sector asset investment program includes asset investments that will either increase service capacity or sustain the existing service capacity of assets to meet the priority needs of all Victorians. This chapter highlights major strategic asset investments, summarises the asset investments of the general government sector and major public non-financial corporations (PNFCs), and highlights Partnerships Victoria projects. 2005-06 ASSET INVESTMENT INITIATIVES The 2005-06 Budget continues to deliver the Government’s commitments outlined in Growing Victoria Together, Sustaining Our Assets and Melbourne 2030 priorities, in health services and education, a safer environment, and a better future – all within an ongoing framework of sound financial management and fiscal responsibility. The 2005-06 Budget saw the announcement of new asset investments with a total estimated investment (TEI) of $2 billion, in addition to the $310 million TEI announced in the 2004-05 Budget Update. The scope and nature of the asset investments demonstrates the Government’s ongoing commitment to deliver world-class infrastructure to enhance social, economic, environmental and cultural outcomes across the State. Major strategic asset investments announced in the 2005-06 Budget were presented in Service Delivery - Budget Paper No. 3, Chapter 1. The Government has committed a total gross asset investment in infrastructure over the next four years