Trump looks to Australia for infrastructure guide - BBG

Steven Roth, co-chairman of the US president Trump’s infrastructure task force, said at a Bloomberg panel discussion in New York late-Monday, Trump seeks inspiration from Australia for his planned $1 trillion infrastructure program.

Key Quotes:

The Trump administration is looking “very carefully” at Australia’s model for financing roads, bridges and other public projects

“The gospel is that the government sets goals, and is bureaucratic.”

“The private sector is entrepreneurial and more efficient. The process is improved by switching over from government-managed to private-managed as early as possible.”