Fragmented infrastructure capital funding pools should be consolidated and integrated in a transparent infrastructure capital fund, or funds.

The consolidation of national capital funding programmes for infrastructure would enable the Government to prioritise investments based on national significance and net benefits and enable greater public transparency of infrastructure capital funding decisions.

How funding is held and distributed should:

1. Be set out transparently.
2. Include a consideration of the use of grants, loans and investments, or some combination of these.