The federal budget announced yesterday that it is committing $75bn to infrastructure projects over the next decade with $24bn of that allocated in the 2018/2019 budget. The $24bn is targeted at Road and Rail projects aimed at reducing congestion and meeting the future needs of the country.
“You know, whether it’s the Tullamarine Freeway in Victoria, whether it is the big investments in the Bruce Highway in Queensland, whether it is building the Western Sydney Airport and the North South Rail Link here in New South Wales.
“Right across the country, we’re spending $75 billion on infrastructure over the next decade and we’re allocating an extra $24 billion in this Budget to go to infrastructure,” Prime Minister, Malcolm Turnbull said.
This $75bn excludes any state investment, so the total investment into the infrastructure will be much higher.
Funding by state and territory
National
- Roads of Strategic Importance (ROSI) initiative: $3.5 billion, including $2.2 billion to be provided to specific regions or corridors
- Urban Congestion Fund: $1 billion
- Major Project Business Case Fund: $250 million
New South Wales
- Coffs Harbour Bypass: $971 million
- Nowra Bridge construction: $155 million
- Port Botany Rail Line Duplication: $400 million
- Western Sydney North-South rail: $50 million to joint fund a business case with the New South Wales Government
- Barton Highway corridor: $100 million for the continued upgrade of the highway, which is an important link between regional New South Wales and the Australian Capital Territory
Victoria
- Melbourne Airport Rail Link: Up to $5 billion
- North East Link: $1.75 billion
- Monash Rail: $475 million
- Frankston to Baxter Rail Link Electrification Upgrade: $225 million
- Victorian Congestion Package: $140 million
- Continued investment in regional rail (Geelong Line): $50 million
- Completion of the duplication of the Princes Highway East (Traralgon to Sale): $132 million
- The government also remains committed to the East West Link and its offer of $3 billion stands
Queensland
- Bruce Highway: $3.3 billion for continued upgrades to the Bruce Highway:
- $880 million Pine River to Caloundra corridor upgrade
- $800 million for the Cooroy to Curra—Section D
- $200 million for additional safety works
- M1 Pacific Motorway: $1 billion towards upgrades between Varsity Lakes and Tugun, and between Eight Mile Plains and Daisy Hill
- Beerburrum to Nambour Rail Upgrade: $390 million
- Brisbane Metro: $300 million
- Cunningham Highway (Amberley Interchange): $170 million
- Toowoomba to Brisbane Passenger Rail Business Case: $15 million to support planning
- Queensland will also receive a share of the $1.5 billion ROSI initiative—Northern
- Australia Package, and a share of the $160 million commitment to the Outback Way, both to be allocated across the three northern jurisdictions
Western Australia
- METRONET: An additional $1.1 billion, taking the total Australian Government funding to $2.3 billion, including new projects announced in the budget:
- $500 million for Morley-Ellenbrook Line
- $241 million for Byford Extension
- $83 million for the Midland Station project
- $2 million for Lakelands business case
- $226 million for further projects to be agreed
- Road Projects: $1.5 billion including:
- Bunbury Outer Ring Road (stages two and three): $560 million
- $252.5 million for Tonkin Highway stage three Extension
- $145 million for Tonkin Highway Gap
- $183 million for Tonkin Highway interchanges
- $107.5 million for Mitchell Freeway Extension—Hester Avenue to Romeo Road
- $46.5 million for Leach Highway (Welshpool Road interchange)
- $144 million for Roe Highway/Great Eastern Highway Bypass and Abernethy Road/Great Eastern Highway Bypass Interchanges)
- $65 million for Stephenson Avenue Extension Bindoon Bypass—Great Northern Highway: $220 million though the ROSI initiative EastLink WA (Orange Route) Business Case—$10 million
- Western Australia will also receive a share of the $1.5 billion ROSI initiative—Northern Australia Package, and a share of the $160 million commitment to the Outback Way, both to be allocated across the three northern jurisdictions
- The government also remains committed to the Perth Freight Link and its offer of $1.2 billion stands
South Australia
- North South Corridor Future Priorities:
- North-South Corridor—Regency Road to Pym Street: $177 million
- Future Priorities: $1.21 billion
- Joy Baluch Bridge: $160 million
- Gawler Rail Line Electrification: $220 million
Tasmania
- Bridgewater Bridge Replacement: $461 million
- Freight Rail Revitalisation: An additional $59.8 million to be provided from 2019–20
- Tasmania will also receive dedicated funding of $400 million from the ROSI initiative for a Tasmanian Roads Package, focusing on the Bass Highway
Australian Capital Territory
- Monaro Highway Upgrade: $100 million
- ACT will also benefit from the increased connectivity with NSW generated through the ROSI initiative to upgrade the Barton Highway
Northern Territory
- Central Arnhem Road Upgrade: $180 million
- Buntine Highway Upgrade: $100 million
- The Northern Territory will also receive a share of the $1.5 billion ROSI initiative—Northern Australia Package, and a share of the $160 million commitment to the Outback Way, both to be allocated across the three northern jurisdictions
Northern Australia
- ROSI initiative—Northern Australia Package: $1.5 billion to be shared across Queensland, the Northern Territory and Western Australia
- Outback Way: $160 million, to be allocated across Queensland, Northern Territory and Western Australia
With the above now committed to by the Federal Government It certainly looks like things are certainly picking up in the Civil and Rail industries. If you need Labour for upcoming work, then please feel free to contact us as these are two of the areas we specialise in and we can deliver workers into any state. Check out the workforce options we can supply here. Our best contact is Danny on 0449 155 487 or the office on 08 6444 7853. Here is another one of our blogs on the benefits of using Labour Hire.
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