Do Public Private Partnerships Measure Up? Some Evidence of the Australian Experience
Governments in Australia and in many developed countries worldwide, have now widely accepted the procurement model known as Public Private Partnerships (PPPs). Governments have sold this policy to their constituents by promoting the benefits of PPPs. PPPs is a policy used by governments to design, finance and build public sector infrastructure and is sometimes compared with the privatisation of government services. Given that several PPP projects have been completed, it is timely to investigate whether the perceived benefits of PPPs have actually been realised. Therefore, the objective of this investigation is to survey to what extent the objectives of PPPs have been met from its practical application across all government jurisdiction in Australia.
Keywords: Public Private Partnerships, Public Sector Management, Infrastructure Assets
Dr. Nick Sciulli
Senior Lecturer, Faculty of Business and Law, Victoria University