Victoria needs to look at new and innovative ways to finance its long term infrastructure needs, according to a new report which examines 14 mechanisms of funding used on domestic and international projects and assesses their suitability for key projects in the state.

Launched last month at a Property Council of Australia event in Melbourne, the Finding $50 billion report argues that the state has a current infrastructure deficit which – combined with future expectations regarding population growth and urbanisation, demographic change and climate change – means it will need $50 billion worth…