Opportunities to refine and enhance infrastructure project evaluation frameworks

December 2020

The National Faster Rail Agency commissioned Economic Connections Pty Ltd to undertake a detailed analysis of opportunities to refine and enhance national-level appraisal frameworks which guide the development of infrastructure business cases and project evaluations.

Economic Connections’ report provided conclusions and recommendations regarding the assessment of city and region-shaping impacts, the setting of discount rates, the length of appraisal periods, opportunities for whole-of-corridor analysis, opportunities to use supplementary modelling and analysis, and the alignment of policy and project objectives.