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 Infrastructure NSW is an agency of the Government of New South Wales that provides independent advice to assist the NSW Government in identifying and prioritising the delivery of critical public infrastructure across the Australian state of New ...

. He is an advocate of user-pays pricing, and has a philosophical commitment to involving the private sector.

Early life

Moved from the Central Coast to the

Newcastle Newcastle usually refers to: *Newcastle upon Tyne, a city and metropolitan borough in Tyne and Wear, England *Newcastle-under-Lyme, a town in Staffordshire, England *Newcastle, New South Wales, a metropolitan area in Australia, named after Newcastle ...

area in 1964. He attended high school at

Hamilton Hamilton may refer to: People * Hamilton (name), a common British surname and occasional given name, usually of Scottish origin, including a list of persons with the surname ** The Duke of Hamilton, the premier peer of Scotland ** Lord Hamilt ...

Marist Brothers college. He received Honours and master's degrees from

Newcastle University Newcastle University (legally the University of Newcastle upon Tyne) is a UK public university, public research university based in Newcastle upon Tyne, North East England. It has overseas campuses in Singapore and Malaysia. The university is ...

in Economics. His honours thesis was on the perils of price control in the milk industry.

Career

Broad began his career in the Federal Treasury in

Canberra Canberra ( ) is the capital city of Australia. Founded following the federation of the colonies of Australia as the seat of government for the new nation, it is Australia's largest inland city and the eighth-largest city overall. The ci ...

in 1974. In 1978 he returned to Newcastle to complete a Masters of Commerce (Economics). 1979 - Assistant director Industries Assistance Commission. 1993 - Hunter District Water Board as an economist.... move back to Newcastle. 1993 -

Sydney Water Sydney Water, formally, Sydney Water Corporation, is a New South Wales Government owned statutory corporation that provides potable drinking water, wastewater and some stormwater services to Greater Metropolitan Sydney, the Illawarra and the B ...

1997 -

EnergyAustralia EnergyAustralia (formerly TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia, a wholly owned subsidiary of the Hong Kong-based and listed China Light and Power (CLP Group). EnergyAustralia also ...

2004 - Private business - Managing Director of

PowerTel AAPT is a fixed-line telecommunications company owned by TPG Telecom. It owns significant fibre and internet infrastructure in Australia. Its national network offers data, cloud, voice and internet services. History The company was formed by the ...

2007 - Merger with AAPT - Was spokesman for industry opposition to the

National Broadband Network The National Broadband Network (NBN) is an Australian national wholesale open-access data network. It includes wired and radio communication components rolled out and operated by NBN Co, a Government-owned corporation. Internet service provider ...

, 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 Snowy Hydro Limited is an electricity generation and retailing company in Australia that owns, manages, and maintains the Snowy Mountains Hydro-electric Scheme which consists of nine hydro-electric power stations and sixteen large dams connecte ...

. 2019-20 - As CEO of Snowy Hydro Broad receives over $2 million in salary and bonuses. 2022 - Resigned as CEO of Snowy Hydro.

Personal life

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.

Political positions

Broad is an advocate of user-pays pricing, and champions the power of the

market Market is a term used to describe concepts such as: * Market (economics), system in which parties engage in transactions according to supply and demand * Market economy *Marketplace, a physical marketplace or public market Geography *Märket, a ...

. This led to substantial pricing changes at

Hunter Water Hunter Water is a state owned corporation providing drinking water, wastewater, recycled water and some stormwater services to 500,000 people in the Lower Hunter Region in New South Wales, Australia. It was formed in 1892, when the Hunter Distr ...

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.

References

{{DEFAULTSORT:Broad, Paul A. Australian economists University of Newcastle (Australia) alumni Living people 1951 births People from the Central Coast (New South Wales) Sydney Water