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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]
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]
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]
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]
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]
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