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

  • UK’S infrastructure on the up, but now it’s all about delivery – CBI/AECOM
    November 7, 2016
    Almost half of firms believe the UK’s infrastructure has improved over the past five years, but only a quarter think it will pick up in the next five years, and two thirds suspect it will hamper the country’s international competitiveness in the coming decades, according to the 2016 CBI/AECOM Infrastructure Survey.
    Read More
  • Nottingham Ring Road improvement gets final approval
    July 5, 2013
    Work can now start on a package of measures to tackle congestion on Nottingham’s Ring Road and improve public transport in the city after receiving final approval from UK Local Transport Minister Norman Baker. The scheme was one of those given funding approval in late 2011 as part of the Spending Review process and comprises: upgrading of key junctions and selective widening; reconstruction of areas of the carriageway most in need of repair; improved facilities to help change between bus services on the mai
    Read More
  • Study in Finland shows infrastructure is a good investment
    March 28, 2012
    VTT Technical Research Centre of Finland, the University of Oulu and Aalto University in Finland have analysed the financial statements for 2002-2009 of companies, public utilities, and municipal units that own infrastructure, including water services, as well as road, port, airport, railway and electricity networks. Owning infrastructure is relatively risk-free. The most profitable is the energy sector where the return on investment was about 13%. The average annual return on investment of ports was 10%. T
    Read More
  • Highways Agency plans to increase capacity of M4
    March 19, 2014
    The UK Highways Agency is holding a series of public exhibitions to inform road users, local residents and businesses about proposals to transform the M4 into one of the longest stretches of ‘smart motorway’ in England by 2021. The improvement, on a 32-mile stretch between junction 3 at Hayes in London, and junction 12 at Theale in Berkshire, would increase capacity, improve journey reliability and maintain safety. The proposals are part of the Government’s investment into England’s motorways and majo
    Read More

Highlighted Content