Kenneth Davidson reflects on the State Government’s use of PPP’s

IT IS clear that the Bracks Government is softening up public opinion for the introduction of private funding for government schools and TAFEs, as well as other public infrastructure — even though the Government has yet to show how this form of funding offers value for money to Victorian taxpayers.

Last week the authoritative industry newsletter on private financing of infrastructure, Thompson Financial Project Finance International, reported that the Government is developing in the Docklands the first TAFE college to be built as a public-private partnership.

Link: Bracks gets an ‘F’ for his school funding folly.

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