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Infrastructure Procurement After the Credit Crunch: A Guaranteed Future for PPPs in Australia?

Nicholas Tam


Australian enthusiasm for public private partnerships (PPPs) in public infrastructure procurement in recent years has been tempered by criticism arising in the prevailing financial climate following the global financial crisis. Turbulence in global capital markets arising from the 2008 US credit crunch and ongoing Eurozone instability has diminished access to the quantity and tenor of finance necessary to commence new projects, particularly those larger in scale. This


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