Infrastructure Australia is a statutory body, established under the Infrastructure Australia Act 2008 which came into effect on 9 April 2008. Infrastructure Australia advises governments, investors and infrastructure owners on a wide range of issues. These include Australia's current and future infrastructure needs, mechanisms for financing infrastructure investments, and policy, pricing and regulation and their impacts on investment and on the efficiency of the delivery, operation and use of national infrastructure networks. Infrastructure Australia's focus is on assisting Australian governments to develop a strategic blueprint for unlocking infrastructure bottlenecks and to modernise the nation's economic infrastructure. Infrastructure Australia reports regularly to the Council of Australian Governments through the Federal Minister for Infrastructure and Transport.