Delivering Road and Rail Infrastructure Today and Planning for a Stronger and More Competitive Australia Tomorrow

11 May 2017

Australian Government: The 2017–18 Budget delivers a transformational next step in the Coalition Government's record investment in infrastructure—improving connectivity, productivity, and liveability in our cities and regions.

These investments will deliver an important economic boost, creating tens of thousands of new jobs during construction. On completion these projects will lift national productivity and drive economic growth.

Infrastructure is a key part of the Turnbull-Joyce Government's plan to build a stronger and more prosperous Australia. Our investments will unlock the potential of our cities and regions, by moving people and freight around the country more quickly, more safely, and more efficiently.

We will increase the efficiency and safety of our land transport infrastructure while strengthening the Australian economy through better connections for Australian businesses and industries transporting products to domestic and international markets.

The Australian Government is delivering a commitment of $75 billion in infrastructure funding and financing from 2017–18 to 2026–27 for critical airport, road, and rail infrastructure projects.

A centrepiece of the 2017–18 Budget delivers a once in a generation, $20 billion commitment to upgrade Australia's passenger and freight rail, which are critical in connecting people to jobs, and services and goods to markets.

Transformational $20bn National Rail Investment

The Australian Government will invest $10 billion over the next decade for the National Rail Program, which will fund transformational rail projects so people can move around our cities and regions more efficiently and better connect our cities, suburbs and surrounding regional areas.

This $10 billion rail investment will reduce the burden on Australian roads, provide more reliable transport networks, and will support our efforts to decentralise our economy and grow regional Australia.

An additional $30 million will also be provided to fund the development of a business case for the Melbourne Airport Rail Link. We will work with the Victorian Government to access potential further funding for this project from the $10 billion National Rail Program.

The Government will connect regional centres to our capital cities, with faster, more reliable rail services, with regional Australia getting its fair share of the new $10 billion National Rail Program.

The Coalition Government is also providing an additional $8.4 billion in equity to deliver the Inland Rail project. Inland Rail will provide a high-capacity freight link between Melbourne and Brisbane, which will strengthen our freight connections ensuring we are able to take advantage of emerging domestic and global markets. This project will take thousands of trucks off our roads.

The Coalition Government will deliver Inland Rail through the Australian Rail Track Corporation (ARTC) using a combination of Government equity and a Public Private Partnership for the Toowoomba to Kagaru tunnel section.

Upgrading Victorian Rail Infrastructure

The 2017–18 Budget includes over $1 billion for new and upgraded infrastructure in Victoria, utilising funding previously allocated to the Asset Recycling Initiative, despite the Victorian Government failing to meet the agreed requirements of the National Partnership Agreement on Asset Recycling.

Victoria will receive $500 million in the 2017–18 Budget to build a better regional rail network with improvements to the North-East Line, the Gippsland Line and the Geelong Line, as well as a study into improving the Shepparton Line. Victoria will also receive an additional $20.2 million for Murray Basin Rail, taking our total commitment to this project to $240 million. In addition, the Government will provide $30 million towards the development of a business case for the Melbourne Airport Rail Link.

A further $460 million is available for Victorian infrastructure projects, which will be negotiated between the Australian and Victorian governments.

Bruce Highway

Strong gains continue to be made on the transformative Bruce Highway Upgrade Program with $844 million in program savings enabling new projects to be agreed with the Queensland Government. The Commonwealth will accelerate construction on the Pine River to Caloundra, and Deception Bay Interchange sections as well as additional safety works, including the upgrade of the Wide Bay Highway intersection.

The impact of completed works along the Highway with recent flood resilience measures, particularly across the Yeppen Floodplain south of Rockhampton, ensured areas of Queensland were not isolated during the recent floods, and essential supplies and services were able to be delivered.

Western Australia Infrastructure

The Coalition Government is investing $1.6 billion towards a $2.3 billion road and rail infrastructure package in Western Australia.

$1.2 billion, including up to $792.0million of Federal Government funding, will be allocated towards the METRONET and related projects, subject to a positive assessment by Infrastructure Australia.

Of the $760 million committed for road infrastructure, the Armadale Road/North Lake Road (Kwinana Freeway) project will receive $189.6 million, and the Leach Highway (Carrington Street to Stirling Highway) project will receive $73.6 million.

The Australian Government will also provide $44.2 million towards regional road projects to improve regional road safety across Western Australia.

Making our Roads Safer

The Government has provided an extra $16 million to extend the Keys2drive program, providing around 200,000 free lessons to learner drivers. The Government will be conducting an inquiry into the National Road Safety Strategy.

The Australian Government is continuing to fund the Black Spot Programme with $684.5 million from 2013–14 to 2020–21 so it can continue to deliver safety improvements, such as safety barriers and street lighting to sections of dangerous road that have a crash history.

Commitment to the Roads to Recovery Programme has been maintained with $4.4 billion from 2013–14 to 2020–21 for the construction, repair and upgrade of local roads.

Western Sydney Airport

The Turnbull-Joyce Government is committed to the delivery of Western Sydney Airport at Badgerys Creek, to be operational by 2026. The airport is vital to deliver new aviation capacity for Sydney and the nation; and will bring better access to air travel for two million people who will be closer to Western Sydney Airport than Kingsford Smith Airport. This is about building more than an airport; our decision will transform the economy of Western Sydney.

The Coalition Government will establish a new Government-owned company charged with ensuring that the airport is operational by 2026. The company, to be established in the 2017–18 Financial Year, will have board and management with strong private sector expertise, and will issue tenders for early works before the end of 2017. The Government will commit up to $5.3 billion of equity to this company, to be invested over 10 years in line with the construction schedule. The new airport is a significant investment for Western Sydney and will deliver net long-term benefits to the Australian economy, returning $1.80 for every dollar invested.

Infrastructure Australia

The Government will provide additional funding of $12 million over four years to Infrastructure Australia to support its future work program.

Australian Transport Safety Bureau (ATSB)

The Government is boosting resources to the ATSB, providing an addition $12 million over five years, to continue to improve aviation safety and education.

Project highlights by State and Territory

New South Wales

Through the Asset Recycling Initiative the Commonwealth is also providing a total of $2.19 billion to New South Wales towards:

In the 2016 Federal election, the Australian Government committed $306.8 million towards 40 projects across the state such as the Barton Highway Upgrade Package ($50 million), Appin Road ($50 million) and the Mulgoa Road upgrade ($80 million).

Victoria

The Budget provides additional funding for Victoria, with more than $1 billion for new and upgraded infrastructure, utilising funding previously allocated to the Asset Recycling Initiative. This includes:

In late 2016, the Australian and Victorian governments agreed to the $3 billion Victorian Infrastructure Package, utilising the $1.5 billion in Australian Government funding previously paid to the now-cancelled East West Link. Under the package, the Australian Government is contributing to the following key projects:

In the 2016 Federal election, the Australian Government committed $392.1 million towards 35 projects across the state, such as the Echuca-Moama Bridge ($97 million) and the Canterbury Road Upgrade ($20 million).

The Australian Government remains committed to the East West Link and our offer of $3 billion still stands. We are ready to deliver the project should any Victorian Government decide to proceed.

Queensland

Bruce Highway: Australian Government is committing to provide funding of $6.7 billion with $552 million to be provided in 2017–18, including new projects announced in the Budget:

In the 2016 Federal election, the Australian Government committed $547.2 million towards 12 projects across the state that including upgrades to the Pacific Motorway totalling at $215 million). In addition, Queensland will also receive a share of the $100 million election commitment to the Outback Way.

Western Australia

The WA Infrastructure Package committed in 2017 Budget includes the following road projects:

In addition, Australian Government funding of $792 million will be allocated towards the METRONET projects, subject to positive assessment of business cases by Infrastructure Australia.

As part of the overall package, the Australian Government will also provide $44.2 million towards regional road projects to improve regional road safety across Western Australia.

The Government is also providing funding for:

Western Australia will also receive a share of the $100 million election commitment to the Outback Way.

South Australia

In the 2016 Federal election, the Australian Government committed $56 million towards three projects across the state: Oaklands Crossing, Lobethal B-Double Route and Marion Road Planning projects.

Tasmania

In the 2016 Federal election, the Australian Government committed $45.3 million towards 14 projects across the state for projects such as the Hobart Airport Roundabout ($24 million) and Highland Lakes Road Upgrade ($5 million).

Australian Capital Territory

In the 2016 Federal election, the Australian Government committed $3 million towards the Monaro Highway Widening and Pialligo Road Duplication planning projects.

Through the Asset Recycling Initiative, the Commonwealth is also providing a total of $67.1 million to the ACT for Capital Metro.

Northern Territory

In the 2016 Federal election, the Australian Government committed $29.5 million towards the Barneson Boulevard and Tiger Brennan Drive Stage 3 project, with $3.7 million to be provided in 2017–18. The Northern Territory will also receive a share of the $100 million election commitment to the Outback Way.

Northern Australia

To view a table of key projects by state visit, http://minister.infrastructure.gov.au/chester/releases/2017/may/budget-infra_02-2017.aspx

 

--ENDS--

 

Source:  Federal Government - www.minister.infrastructure.gov.au

Contact:  N/A

External Links:  

http://investment.infrastructure.gov.au/

http://minister.infrastructure.gov.au/chester/releases/2017/may/budget-infra_02-2017.aspx

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