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NSW, SA snag lion's share of budget infrastructure spending - Smart Property Investment

NSW, SA snag lion’s share of budget infrastructure spending
By Fergus Halliday
11 May 2021
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1 minute read
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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 Safety Program are being extended for another year at the cost of $1 billion each. ....

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Cost-benefit does not add up: Three WA projects worth $1b fall short of priority list standards

Cost-benefit does not add up: Three WA projects worth $1b fall short of priority list standards
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The WA and federal governments will plough on with three road and rail projects worth a combined $1.067 billion in Perth and Albany despite the costs exceeding the expected community benefits.
Business cases presented to Infrastructure Australia for the $481 million Byford rail extension, $415 million removal of level crossings along the Armadale train line, and $171 million Albany Ring Road stated the benefit-cost ratio for all three proposals scored a rating of less than one. ....

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