POWERED BY MOMENTUM MEDIA
AMP Capital argues case on infrastructure
Targeted Federal Government assistance could attract significantly greater levels of private sector development capital towards the development of economic infrastructure, according to AMP Capital.
In a submission filed with the Productivity Commission's infrastructure inquiry, AMP Capital has argued for a change in approach on the part of the Commonwealth on the basis that it is the largest single beneficiary of high value-add economic infrastructure projects.
It said that although state governments had traditionally been the sponsors of new economic infrastructure, it was the Federal Government which was the largest single economic beneficiary.
"Targeted Federal Government assistance could attract significantly greater levels of private sector development capital into the development of economic infrastructure," it said. "Such targeted assistance would create a pipeline of mature projects which would be attractive to institutional investors."
The AMP Capital submission said that removing impediments to the development of deep secondary infrastructure markets would also assist in attracting institutional investment into Australian infrastructure and that the Federal Government could recycle a large proportion of its invested capital into new projects by accessing such secondary markets.
"Additional private sector investment in economic infrastructure can be achieved without cannibalising current levels of private sector investment in social infrastructure," it said. "This stimulus can be achieved in a manner which is no worse than budget neutral from the federal perspective."
Recommended for you
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
Australia’s investment sector has averaged just 31 per cent alignment with mandatory climate reporting rules, new research has shown.
August is shaping up to be an “eventful” reporting season as high valuations clash with low expected earnings growth, according to MLC.
New data suggests private market performance far exceeded public equities in Q1 2025.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
