Paul Broad
 | This biographical article is written like a résumé. (March 2021) |
Paul Anthony 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.[1] He is an advocate of user-pays pricing, and has a philosophical commitment to involving the private sector.[1]
Early life
[edit]Moved from the Central Coast to the Newcastle area in 1964.[2]
He attended high school at Hamilton Marist Brothers college.[2]
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.[1]
Career
[edit]Broad began his career in the Federal Treasury in Canberra in 1974.[3] In 1978 he returned to Newcastle to complete a Masters of Commerce (Economics).[3]
1979 - Assistant director Industries Assistance Commission.[3]
1993 - Hunter District Water Board as an economist.... move back to Newcastle.
1993 - Sydney Water
1997 - EnergyAustralia
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."[4]
2011 - Appointed Chief Executive Officer of Infrastructure NSW ($500,000 salary - highest paid bureaucrat in NSW History).[5]
As of 2011 Broad is a director of Kuth Energy.[6]
2013 - Appointed Chief Executive of Snowy Hydro.
2019-20 - As CEO of Snowy Hydro Broad receives over $2 million in salary and bonuses.[7]
2022 - Resigned as CEO of Snowy Hydro.[8]
Personal life
[edit]Broad is married to Genevieve (his second wife) and they have two children. He is a keen surfer starting as a teenager and continuing into middle age.[9]
Political positions
[edit]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.[1] When Chief Executive of Energy Australia, prices increased by 5.3% in 2004, which the opposition claimed would hit lower income families hard.[10] 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.[11]
References
[edit]- ^ a b c d Saulwick, Jacob (2 July 2011). "Newsmaker Paul Broad". Sydney Morning Herald. Retrieved 2 July 2011.
- ^ a b De Lore, Amy (25 June 2007). "Big business in palm of Broad's hand". Sydney Morning Herald. Retrieved 3 July 2011.
- ^ a b c Totaro, Paola (12 March 1993). "Water Chief supports 'user pays'". Sydney Morning Herald. p. 3. Retrieved 3 July 2011.
- ^ Broad, Paul (11 April 2011). "The National Broadband Network". ABC Television. Retrieved 2 July 2011.
- ^ "Archived copy". Archived from the original on 3 March 2016. Retrieved 19 March 2021.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ Lee, Tracy (16 June 2011). "NSW has Broad plan in place for infrastructure". The Australian. Retrieved 3 July 2011.
- ^ Curtis, Katina (5 November 2020). "Government executives share in $12.8m of bonuses during public servant pay freeze". The Sydney Morning Herald.
- ^ Quinlan, Heather (26 August 2022). "STATEMENT ON SNOWY HYDRO'S LEADERSHIP". Snowy Hydro. Retrieved 26 August 2022.
- ^ Phelan, Amanda (28 April 1994). "Water Board surf star in a surprise prize switch". Sydney Morning Herald. Retrieved 3 July 2011.
- ^ "Electricity companies get nod to raise prices". The Sydney Morning Herald. 11 June 2004.
- ^ Saulwick, Jacob (30 June 2011). "Sell the trains? More toll roads? Bring it on, says O'Farrell's go-to man". Sydney Morning Herald. Retrieved 7 July 2011.