New budget commits $9.6 billion to infrastructure

As part of the 2022-23 Federal Budget – the first under the Albanese government – a total of $9.6 billion has been committed for infrastructure projects across the country.

In a joint media statement between Prime Minister Anthony Albanese and Infrastructure, Transport, Regional Development and Local Government Minister Catherine King, it said, “Infrastructure is an important driver of economic growth, productivity and skills in the regions and cities, but the Government was left with an unsustainable pipeline of projects designed purely to look good on paper but never be built.

“Our first budget takes an important step to make our infrastructure pipeline more sustainable and to ensure we don’t further strain a sector already facing labour constraints, inflationary pressures and cost increases due to supply chain challenges.”

Here’s where the money is due to be spent, state by state.

$1.47 billion for Queensland

The lion’s share of this funding will go towards a major upgrade of the Bruce Highway through Brisbane’s outer northern suburbs at a cost of $586.4 million in additional funding.

The Budget also includes $200 million to upgrade the Bruce Highway between Dohles Rocks Road and Anzac Avenue, expanding the road from six to eight lanes and building on/off-ramps at the southern end.

There is also funding to complete detailed planning works for the next stage of the Ipswich Motorway.

$2.5 billion for the Northern Territory

A total of $350 million will go towards sealing the Tanami Road and upgrading Central Arnhem Road. There will also be $332 million towards the NT Strategic Roads Package.

But the biggest chunk of this spend will be used in planned equity to support the construction of common user marine infrastructure within the Middle Arm Sustainable Development Precinct – with $1.5 billion committed towards this.

$685 million for Tasmania

Most of this spend will go towards roads, with $540 million going towards upgrading Tasmania’s important road corridors, including the Bass Highway, the Tasman Highway and the East and West Tamar Highways.

$2.57 billion for Victoria

There will be $330 million allocated for road infrastructure upgrades including:

  • Camerons Lane Interchange at Beveridge ($150 million)
  • Barwon Heads Road Upgrade – Stage 2 ($125 million)
  • Ison Road Overpass ($57 million)

The Camerons Lane Interchange at Beveridge will allow the federal and state governments to work together to deliver a full diamond interchange with the Hume Highway.

$1 billion for NSW

This package of works includes $300 million for the Western Sydney Roads Package, which will provide $50 million for planning and preparatory works for the Castlereagh Connection, $37 million for Richmond Road planning and $75 million for planning and early works in the North West Growth Corridor.

Though half the spend, at $500 million, will go towards high speed rail connections between Sydney, the Central Coast and Newcastle – to start corridor acquisition, planning and early works.

$660 million for South Australia

This includes $60 million to construct on and off ramps for the Southern Expressway at Majors Road which will reduce traffic on Brighton Road.

It also includes $200 million to reduce congestion in Adelaide’s south and improve road safety by removing the Marion Road Level Crossing and upgrading Marion Road between Cross Road and Anzac Highway.

The Budget investment will also include a share of a new $1.5 billion Freight Highway Upgrade Program. This investment will deliver priority upgrades to the interstate Tanami Road and other nationally significant freight routes, including the Dukes, Stuart and Augusta highways in SA.

$670 million for Western Australia

WA will also receive a share of a new $1.5 billion Freight Highway Upgrade Program.

However a big portion of this spend, $125 million, will go towards electric bus charging infrastructure, which will be matched by the WA Government through the local manufacture of 130 new buses.

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