Australia is set to be home to a new hub which world leaders estimate could support up to $US 2 trillion in infrastructure investment between now and 2030 after the proposal to establish such a facility won backing from world leaders at the G20 summit in Brisbane.

In their Communiqué following the summit, G20 leaders announced they had agreed to establish a Global Infrastructure Hub set to be based in Sydney, which will not in itself fund projects directly but will facilitate information sharing and collaboration between the private sector, governments, large institutional investors and international organisations….