Name Paul Broad | ||
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Education University of Newcastle | ||
Paul A. Broad (born 8 April 1951) 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. He is an advocate of user-pays pricing, and has a philosophical commitment to involving the private sector.
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Early life
Moved from the Central Coast to the Newcastle area in 1964.
He attended high school at Hamilton Marist Brothers college.
He received Honours and master's degrees from Newcastle University 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 in Canberra in 1974.
returned to Newcastle to complete a Masters of Commerce (Economics) in 1978,
1979 - Assistant director Industries Assistance Commission.
1993 - Hunter District Water Board as an economist.... move back to Newcastle.
1993 - Sydney Water
1997 - Energy Australia
2004 - Private business - Managing Director of PowerTel
2007 - Merger with AAPT - Was spokesman for industry opposition to the National Broadband Network, 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 ($500,000 salary - highest paid bureaucrat in NSW History)
As of 2011 Broad is a director of Kuth Energy.
2013 - Appointed Chief Executive of Snowy Hydro LTD.
Personal life
Broad is a keen surfer starting as a teenager and continuing into middle age.
Political positions
Broad is an advocate of user-pays pricing, and champions the power of the market. This led to substantial pricing changes at Hunter water and consequently demand dropped by 30 percent. When Chief Executive of Energy Australia, prices increased by 5.3% in 2004, which the opposition claimed would hit lower income families hard. 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.