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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 TreasuryinCanberra 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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| 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 |