2014-01-09 06:00:03 - Australia Water Report Q1 2014 - a new market research report on companiesandmarkets.com
The longer term outlook for the Australian Water Sector is generally positive as a result of population growth and agricultural demand. In addition the September 13 election of the Liberal National Party has improved our outlook for water infrastructure projects as fiscal loosening and greater coordination over spending decisions between state and federal governments becomes more likely. Analysts expect that over the long term water supply will come from unconventional sources such as desalination and recycled water.
The new federal government looks set to disregard fiscal discipline and increase the country´s debt limit to provide the necessary funds for infrastructure development in addition, with five out of eight states being governed by the Liberal National Party we expect a broad-based improvement
in project execution for all public-led infrastructure projects in Australia as we see greater coordination between state and federal governments over infrastructure development.
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