WITH the election of the Rudd Government and the creation of a specific federal advisory council called Infrastructure Australia, focus has again turned to the state of the nation's infrastructure. Indeed the Business Council of Australia estimates that the infrastructure deficit is now more than $100 billion and infrastructure shortfalls are costing the country 0.8 per cent of GDP.
While the above may sound alarming, such deficits can provide opportunities for investors. Indeed, the past 10 years have seen the market capitalisation of specialist infrastructure funds listed on ASX increase 570 per cent.
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Posted by boyang at September 3, 2008 4:53 PM