Government support for Australian infrastructure projects

The Australian Government has announced plans to invest in Australia’s infrastructure, spending US$370.27 million (AU$490 million) in Western Australia infrastructure in 2016-2017 and US$1.2 billion (AU$1.5 billion) on road and rail projects in Victoria. Prime Minister Malcolm Turnbull stated that the federal government and the Western Australia state government will work together to identify the appropriate projects for the additional investment. A spokeswoman for West Australian Premier Colin Barnett,
April 12, 2016 Read time: 2 mins
The Australian Government has announced plans to invest in Australia’s infrastructure, spending US$370.27 million (AU$490 million) in Western Australia infrastructure in 2016-2017 and US$1.2 billion (AU$1.5 billion) on road and rail projects in Victoria.

Prime Minister Malcolm Turnbull stated that the federal government and the Western Australia state government will work together to identify the appropriate projects for the additional investment. A spokeswoman for West Australian Premier Colin Barnett, however, revealed two immediate priorities would be an extension of the Roe Highway, Roe 8, and the Forrestfield Airport link.

Turnbull also proposed a US$383 million (AU$500) million contribution from the Federal Government to a US$766 million (AU$1 billion) upgrade of the congested Monash Freeway in Victoria, providing an additional lanes along 44 kilometres of the road. The government is also offering to invest US$268 million (AU$350) million, again to be matched equally by the Victorian Government, to upgrade the Western Ring Road.

Other investments in Victoria, again to be matched by the state government, include upgrading 1,000 kilometres of freight rail in the Murray Basin, improvement of rural and regional road networks, including the Great Ocean Road, and a package of investment to address urban congestion.
Urban Traffic Control

Related Content

  • Brazil draws up transport concession timetable
    March 19, 2015
    Brazil's federal government has drawn up a tender launch schedule for highway, railway, airport, waterway, and port dredging concessions. Feasibility studies for the country's upcoming concessions have already been completed and tenders are due to be launched in the fourth quarter, local paper Valor Econômico reported. To date, a total of 493 kilometres of sections of federal highway, from Paraná state's Lapa city to Santa Catarina state's Chapecó city, are waiting to be put out to tender. Additional highwa
    Read More
  • EU releases funds to improve European transport connections
    September 12, 2014
    The European Commission has released US$15.3 billion of EU funding to improve European transport connections and invited Member States to propose suitable projects to use the funding. Proposals must be submitted by 26 February 2015. EU financing for transport has tripled to US$33.6 billion for the period 2014-2020, compared to US$10.3 billion for 2007-2013, under the new Connecting Europe Facility (CEF). This is the first tranche of the new funding for transport to be made available. The funding will
    Read More
  • Auckland Council agrees on interim levy to fix transport
    May 8, 2015
    Auckland, New Zealand, Council’s Budget Committee has agreed to introduce an interim transport levy so that work can begin on fixing the city’s transport problems. The interim levy is in response to the majority of Aucklanders opting to pay more for the Auckland Transport Network Plan during public consultation and in an independent survey earlier this year. To fill the US$9 billion funding gap for the full Auckland Plan network, Auckland also opted for a motorway user charge.
    Read More
  • Report on the impact of recession on infrastructure funding worldwide
    May 10, 2012
    A new report examines how aggressive government belt-tightening and financial market deleveraging restrained worldwide infrastructure investments for 2012 and probably for the next five years. In the US, for instance, Infrastructure2012: Spotlight on Leadership, released by the Urban Land Institute (ULI) and Ernst & Young, says that constrained public budgets and a growing recognition at the local level of the importance of infrastructure, combined with lack of action at the federal level, are causing state
    Read More

Highlighted Content