The Queensland Government is advancing a number of projects under the Public Private Partnership Policy (PPP) and Value for Money Framework.

The first PPP progressed under the policy was the Southbank Education and Training Precinct, now under construction. Axiom Education Queensland will design, construct, finance and maintain the precinct facilities for 34 years. The government will monitor the performance of Axiom Education Queensland and continue to provide the teaching and TAFE administration services. For further information visit TAFE Queensland Southbank Institute of Technology website.

Other projects include:

• Gold Coast Rapid Transit Project 
• South East Queensland Schools Project 
• Sunshine Coast Hospital 
• Toowoomba Bypass 
• Airport Link Project.

Supported Debt Model

In February 2008, the state approved the South East Queensland Schools Project for delivery through a new government-developed and partially publicly funded PPP Model - the Supported Debt Model.

The Supported Debt Model is a variation of a Public Private Partnerships model.  A conventional PPP is fully privately financed. Whereas, a Supported Debt Model enables the state via Queensland Treasury Corporation, to refinance a portion of the project debt upon the achievement of specific construction milestones. 

The model attempts to derive savings by enabling the state to fund the lower-risk construction and operational stages of a project in accordance with the project’s risk profile.  In theory, those stages of the project that are considered to be low risk are financed through public sector funding. 

As with a PPP, the Supported Debt Model acknowledges that any risk retained by the state must be recognised and priced into any public funding component of a project.