This bill supports infrastructure projects that are economically viable. It allows them to proceed in environments where councils don't have enough debt headroom to deliver the project on their own, and it does this by ring-fencing the financing eligible infrastructure from a local authority's balance sheet. The bill is not designed to crowd out local government. Instead, it adds to their funding and financing tool kit. This is about creating partnerships between councils, developers, and the Crown to bring the infrastructure that our communities need. 