Transcription of Public infrastructure spending - KPMG
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Public infrastructure spending - KPMG
KPMG Economics January 2017 Public infrastructure spending :Show me the moneyThe June 2016 National Accounts reveals government expenditure on infrastructure , as measured by nominal Gross Fixed Capital Formation, has experienced only a minor increase in FY16 as compared to FY15. This is despite the fact that politicians have been talking up infrastructure spending as a key government platform to help deepen and grow the Australian a jurisdictional perspective, it would seem that New South Wales and Victoria are increasing their relative spend on Public sector capital compared to every other jurisdiction, with most notably Queensland spending less in FY16 than it did in FY15. However, this overly simplistic analysis fails to take into consideration several important factors, including expenditure per capita and expenditure relative to the underlying asset is more appropriate to consider capital expenditure in the context of the assets owned by each jurisdiction, as those States and Territories with greater assets in Public ownership will necessarily need to spend more on capex
The June 2016 National Accounts reveals government expenditure on infrastructure, as measured by nominal Gross Fixed Capital Formation, has experienced only a
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