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Speech in Parliament on Infrastructure and Value Capture

By Administrator on February 11, 2015 in Videos

1 month ago

Last week the Parliament passed Australia’s first national Recycling Act.
The Morrison Government is driving a billion-dollar transformation of our waste and recycling industry, creating 10,000 new Australian jobs and taking responsibility for our waste. ... See MoreSee Less

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John Alexander

1 month ago

MY PARLIAMENTARY REPORT TABLED:

We need to give you the taxpayer a fairer go by securing part of the dramatic uplift in land values caused by your tax dollars funding rail infrastructure.

This is called Value Capture financing.

Currently, all land value rises that are the result of taxpayer funded infrastructure spending, are gifted to the local land owners. Some families have even entered the billionaires Rich List off the back of this arrangement.

Developing a Value Capture mechanism is the main recommendation of the inquiry I chaired this year: options for financing faster rail. It needs to be fair to both the taxpayer and the land owner, so everyone wins. Currently the taxpayer loses.

As the committee chair, I tabled the final report in Parliament last week.

Full report here, please read my 'Chair's foreword': www.aph.gov.au/Parliamentary_Business/Committees/House/ITC/Financingfasterrails/Report

Please share if you too have concerns about the way we fund infrastructure in this country. Let's have a conversation. ... See MoreSee Less

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John Alexander is feeling blessed.

1 month ago

It's International Volunteer Day today!
If you want to consider volunteering, try:
www.volunteering.nsw.gov.au/, or
govolunteer.com.au/ (an initiative of Volunteering Australia).
I recently engaged with local bush care volunteers as part of the Bambara Bushcare Group, installing microbat boxes, funded from a $20,000 federal grant.
It's volunteers like these that make our area such a wonderful place to call home. ... See MoreSee Less

Its International Volunteer Day today!
If you want to consider volunteering, try:
https://www.volunteering.nsw.gov.au/, or
https://govolunteer.com.au/ (an initiative of Volunteering Australia).
I recently engaged with local bush care volunteers as part of the Bambara Bushcare Group, installing microbat boxes, funded from a $20,000 federal grant.
Its volunteers like these that make our area such a wonderful place to call home.

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Speech in Parliament on Infrastructure and Value Capture