Paul A. Broad
Encyclopedia
Paul A. Broad is an Australian economist known for his management of government business departments. In 2011 he was appointed as the Chief Executive Officer of Infrastructure NSW
New South Wales
New South Wales is a state of :Australia, located in the east of the country. It is bordered by Queensland, Victoria and South Australia to the north, south and west respectively. To the east, the state is bordered by the Tasman Sea, which forms part of the Pacific Ocean. New South Wales...

. He is an advocate of user-pays pricing, and has a philosophical committment to involving the private sector.

Early Life

Moved from the central coast to the Newcastle
Newcastle, New South Wales
The Newcastle metropolitan area is the second most populated area in the Australian state of New South Wales and includes most of the Newcastle and Lake Macquarie Local Government Areas...

 area in 1964.

He attended high school at Hamilton
Hamilton, New South Wales
Hamilton is a suburb of Newcastle, New South Wales, Australia, located from Newcastle's central business district. The main commercial centre is located around Beaumont Street and boasts a vibrant multicultural atmosphere providing an array of restaurants, retail, fashion and commercial outlets...

 Marist Brothers college.

He received Honours and Master's degrees from Newcastle University
University of Newcastle, Australia
The University of Newcastle is an Australian public university that was established in 1965. The University's main and largest campus is located in Callaghan, a suburb of Newcastle in New South Wales...

 in Economics. His honours thesis was on the perils of price control in the milk industry.

Career


He began his career in the Federal Treasury
Department of the Treasury (Australia)
The Department of the Treasury is an Australian Government department. Its role is to focus and develop economic policy.-History:The Commonwealth Treasury was established in Melbourne in January 1901....

 in Canberra in 1974.

returned to Newcastle to complete a Masters of Commerce (Economics) in 1978,

1979 - Assistant director Industries Assistance Commission
Productivity Commission
The Productivity Commission is the Australian Government's principal review and advisory body on microeconomic policy and regulation. It is an independent statutory authority in the Treasury Portfolio and responds to references from the Treasurer...

.
1993 - Hunter District Water Board as an economist.... move back to Newcastle.

1993 - Sydney Water
Sydney Water
Sydney Water is a New South Wales government owned corporation that provides drinking water, wastewater and some stormwater services to Sydney, Illawarra and the Blue Mountains, in Australia...



1997 - Energy Australia
EnergyAustralia
EnergyAustralia is a large Australian electricity and natural gas supplier and retailer. A subsidiary of TRUenergy, it primarily supplies the Sydney, Newcastle and Central Coast areas of New South Wales and has, since market deregulation, increased its focus on retail supply opportunities in...



2004 - Private business - Managing Director of PowerTel
PowerTel
PowerTel is an Australian telecommunications company that operates urban and inter-city fibre optic networks across Australia. The company was launched in August 1998 and received its carrier licence from the Australian Communications Authority that year....



2007 - Merger with AAPT
AAPT
AAPT is Australia's third largest land line telecommunications company and is a wholly owned subsidiary of Telecom New Zealand. The company is a member of the Infrastructure Assurance Advisory Group for the Critical Infrastructure Protection branch of the Attorney-General's...

 - Was spokesman for industry opposition to the National Broadband Network
National Broadband Network
The National Broadband Network is a national wholesale-only, open-access data network under development in Australia. Up to one gigabit per second connections are sold to retail service providers , who then sell Internet access and other services to consumers...

, saying "We're having a massive income transfer from metro to the bush. Now that may be a good thing but don't hide it in the price."

2011 - Appointed Chief Executive Officer of Infrastructure NSW

As of 2011 Broad is a director of Kuth Energy.

Political positions

Broad is an advocate of user-pays pricing, and champions the power of the market
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...

. This led to substantial pricing changes at Hunter water and consequently demand dropped by 30 percent. He is also philosophically committed to involvement of the private sector, and in his role at the head of Infrastructure NSW has been reported supporting rail privatisation, congestion charges, and expanded tollways.
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