2 What is the scope of the study? Major project DAA processes The terms of reference are explicit that the study should cover major projects: across a broad range of development categories in urban and regional areas in Australia and in international and ‘comparable systems’ ‘alternative investment destinations’. However, is not defined in the terms of reference, and there is no ‘major project’ widelyaccepted definition of a major project within Australia. Individual jurisdictions and government agencies use a range of criteria to determine whether a development proposal attains major project status (box 1). The Commission considers that for the purposes of this study ‘major projects’ — — should include largescale private and public sector initiated projects and is interested in projects across a range of industry sectors, including resources, infrastructure and large commercial developments. The Commission, however, does not consider it practical to propose a threshold capital expenditure value, as the impacts of a development also depend on the nature of the project (for example, location or the type of development).
2 What is the scope of the study? Major project DAA processes The terms of reference are explicit that the study should cover major projects: across a broad range of development categories in urban and regional areas in Australia and in ‘comparable international systems’ and ‘alternative investment destinations’. However, ‘major project’ is not defined in the terms of reference, and there is no widelyaccepted definition of a major project within Australia. Individual jurisdictions and government agencies use a range of criteria to determine whether a development proposal attains major project status (box 1). The Commission considers that ‘major projects’ — for the purposes of this study — should include largescale private and public sector initiated projects and is interested in projects across a range of industry sectors, including resources, infrastructure and large commercial developments. The Commission, however, does not consider it practical to propose a threshold capital expenditure value, as the impacts of a development also depend on the nature of the project (for example, location or the type of development).
sub051-attachment-major-projects.docx