The Carr Government pioneered private public partnerships (PPPs) to fund additional infrastructure, creating a model followed in other states.
The new law was enacted "to expedite disposition of tax-evasion cases and increase revenues for government to fund social services, food, oil and education subsidies and infrastructure."
The remainder is expected to fund a parking lot, sewer and water lines, driveways, electric power lines and other infrastructure.
The Australian government started a "development strategy" by issuing bonds to the London market, selling public land and using this to fund infrastructure.
This involves giving a long lease to private consortia in return for partly funding infrastructure.
This change in law, combined with sharp cuts in federal aid to state and local governments, severely limited local government's ability to fund public infrastructure.
How can councils fund local infrastructure in times of austerity?
Education - To provide sponsorship for basic (children) and adult education and to fund basic infrastructure for schools.
Siegel fails to address the basic problem of a federal system that makes local governments dependent on their local tax base to fund basic services, infrastructure, and education.
China has never formally recognised Indian sovereignty here and it took their surprise invasion of 1962 before Delhi really started funding significant infrastructure.
