Budget to include $3.3 billion for Vic road and rail networks
The federal government will back two new freight terminals as part of the Melbourne Intermodal plan to send more goods by rail.
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The federal government will back two new freight terminals as part of the Melbourne Intermodal plan to send more goods by rail.
Australia’s Federal Infrastructure Budget for 2021 The Australian government has announced an additional $15.2 billion in new infrastructure funding in the 2021-22 Budget to help aid economic recovery from the CCP virus pandemic. The additional funding adds to the $110 billion 10-year building plan investment that already formed part of the National Economic Recovery Plan which the government says will support around 30,000 jobs across the country. Nation-building projects were the focus of the infrastructure spending, with a $1 billion boost for the Local Roads and Community Infrastructure...
$400 million additional funding for the Bruce Highway $178.1 million for line capacity improvement on the Gold Coast Rail Line from Kuraby to Beenleigh $126.6 million for stage three of the Gold Coast Light Rail $240 million for the Cairns Western Arterial Road duplication $400 million for upgrades to the inland freight route from Mungindi to Charters Towers $160 million for the Mooloolah River interchange upgrade $203.4 million for local road and community infrastructure projects, and $261 million for road safety projects Total - $2 billion BUDGET EXPLAINED:
NSW, SA snag lion’s share of budget infrastructure spending By Fergus Halliday 11 May 2021 | 1 minute read SHARE NSW, SA and Victoria have snagged the lion’s share of infrastructure spending in the latest federal budget. As revealed in the 2021 budget, the government is committing an additional $15.2 billion to infrastructure projects over the next ten years. This will bump the total federal commitment to $110 billion, with the additional spending said to account for 30,000 new jobs over the decade. At a federal level, both the Local Roads and Community Infrastructure Program and Road...