Infrastructure Asset Sales Page Now Live

Media Release

JB036/2014

16 May 2014

Publicly owned assets proposed for sale or lease will now be listed on the National Infrastructure Construction Schedule website.

In consultation with our state counterparts, a new asset sales page has been developed for states and territories to register publicly-owned assets available for private acquisition.

The Asset Sales page is a key platform of the Australian Government's $5 billion Asset Recycling Initiative, which provides incentive payments to states and territories that sell mature assets and reinvest the proceeds in world class infrastructure across Australia.

I welcome the initial strong enthusiasm from state governments including Victoria and South Australia who have already registered potential assets for acquisition.

It's clear they have recognised the significant opportunities the Australian Government's Asset Recycling Initiative will deliver by generating additional revenue to build the infrastructure of the 21st century.

To ensure the effective delivery of the Australian Government's $11.6 billion Infrastructure Growth Package, I will be leading Ministerial Groups to oversee the implementation of key projects alongside my state ministerial counterparts.

Key major projects to be overseen include Victoria's East-West Link, the Western Sydney Infrastructure Plan, the Perth Freight Link project and South Australia's North-South Corridor.

I have also tasked my Department to lead nationwide consultations with industry on future infrastructure solutions to deliver more efficient infrastructure faster.

The Asset Sales page can be found at—https://www.nics.gov.au/AssetSales/AssetSale