We invite you to join us on the 6th of April for the Committee's Food for Thought Leaders Luncheon with guest speaker Joe Langley.

The Committee for Perth’s latest landmark report Get a Move On! identified the need to use the best use of existing and alternate funding mechanisms to deliver transport and infrastructure projects. This is in line with the release of the Smart Cities Plan last year by Prime Minister Malcolm Turnbull which put value capture squarely on the national agenda. Federal government policy now requires early consideration of value capture in business cases seeking Commonwealth funding for infrastructure projects.

In response to the Smart Cities Plan, a number of policy balloons and position papers were quickly floated on this subject;

• In October, Infrastructure Victoria published its value capture policy paper.
• In November, Federal Minsters Paul Fletcher and Angus Taylor, responsible for Urban Infrastructure and Cities and Digital Transformation, respectively, launched the Federal Government’s value capture discussion paper.
• December saw the release by Infrastructure Australia of its advice on make value capture work in Australia.

Despite these and other efforts by Federal and state government agencies, peak bodies and other stakeholders, value capture remains a confusing and controversial funding method.

At this lunch AECOM Technical Director Joe Langley will discuss his first-hand experience in the use of value capture methods in the United States. As a proponent of these funding mechanisms over the past 15 years in Australia, he has closely followed the value capture debate, undertaken case studies into its application, and produced guidelines on how it can be successfully rolled out in this country.

Joe will cut through the value capture fog to explain how we can benefit from this funding method in WA.