Superannuation investors should look into infrastructure to improve the county's economy and productivity, according to Industry Super Australia (ISA).
By teaming up with governments infrastructure investors can help community challenges and opportunities of long term public-private partnerships in funding, financing, and operating critical infrastructure, said the superannuation body.
"With pension assets now exceeding $33 trillion globally and Australia's domestic superannuation savings pool nearly $2 trillion, they are the single largest pool of managed funds," chair of ISA, Peter Collins, said.
"Connecting these funds to infrastructure projects will improve services and dramatically energise the economy."
Speaking at a symposium in Canberra Collins said that using the ‘invested bid model', would increase financial options available to governments, enhance competition and deliver better value for money for tax payers.
"The inverted bid model is designed to address barriers to entry for long term equity investors into greenfield infrastructure projects and aims to ensure a long term equity partner — such as a super fund," Collins said.
