Paul Broad

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

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

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

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

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

^ ^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.

Government offices
Preceded by Robert Ernest Wilson	Managing Director of the Water Board 1993 – 1994	Renamed Sydney Water
New title	Managing Director of Sydney Water Corporation 1995 – 1997	Succeeded by Christopher Pollett

[SMHnewsmaker-1] Saulwick, Jacob (2 July 2011). "Newsmaker Paul Broad". Sydney Morning Herald. Retrieved 2 July 2011.

[SMHpalm-2] De Lore, Amy (25 June 2007). "Big business in palm of Broad's hand". Sydney Morning Herald. Retrieved 3 July 2011.

[totaro-3] Totaro, Paola (12 March 1993). "Water Chief supports 'user pays'". Sydney Morning Herald. p. 3. Retrieved 3 July 2011.

[4] Broad, Paul (11 April 2011). "The National Broadband Network". ABC Television. Retrieved 2 July 2011.

[5] "Archived copy". Archived from the original on 3 March 2016. Retrieved 19 March 2021.{{cite web}}: CS1 maint: archived copy as title (link)

[AUSTplan-6] Lee, Tracy (16 June 2011). "NSW has Broad plan in place for infrastructure". The Australian. Retrieved 3 July 2011.

[7] Curtis, Katina (5 November 2020). "Government executives share in $12.8m of bonuses during public servant pay freeze". The Sydney Morning Herald.

[8] Quinlan, Heather (26 August 2022). "STATEMENT ON SNOWY HYDRO'S LEADERSHIP". Snowy Hydro. Retrieved 26 August 2022.

[9] Phelan, Amanda (28 April 1994). "Water Board surf star in a surprise prize switch". Sydney Morning Herald. Retrieved 3 July 2011.

[10] "Electricity companies get nod to raise prices". The Sydney Morning Herald. 11 June 2004.

[SellTrains-11] 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.

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

[10]

[11]