New South Wales budget ‘builds for the future’

Australia’s New South Wales Government has committed US$55 billion (A$72.7 billion) over the next four years to infrastructure investments, including US$31 billion (A$41.4 billion) for roads and transport.
June 22, 2017 Read time: 2 mins

Australia’s New South Wales Government has committed US$55 billion (A$72.7 billion) over the next four years to infrastructure investments, including US$31 billion (A$41.4 billion) for roads and transport.

This includes major investment in road and public transport projects across the state: US$5.4 billion (A$7.2 billion) for the third stage of WestConnex motorway project, including the M4-M5 link, as well as investment in the Pacific Highway upgrade.

There is also funding for investment in road upgrades to support Western Sydney airport at Badgerys Creek, as well as the Regional Road Freight Corridor program to create safer, more efficient road freight corridors. US$199 million (A$264 million will be spent across four years to reduce congestion on Sydney roads by addressing critical pinch points and commencing the implementation of the Smart Motorways program on the M4 Motorway.

The budget also includes funding for public transport infrastructure and services, while the ‘More Trains, More Services’ program includes US$500 million (A$658 million) for 24 new air-conditioned suburban trains and extra services across the train network.

More than US$2 million (A$2.8 billion) will go to the Sydney Metro Northwest and City and Southwest program, which will have the capacity to move 40,000 people around the city an hour. A further US$1 billion (A$1.4 billion will be invested in maintaining the Sydney Trains network, along with  US$19 million (A $25 million) invested in planning and early work for Parramatta Light Rail, and US7.5 million (A$10 million) towards new Parramatta to Sydney CBD ferries.

Treasurer Dominic Perrottet said the Government’s economic and financial management, and successful reform agenda, meant it could deliver world-class infrastructure and services today, while also building for an even brighter future.

Urban Traffic Control

Related Content

  • M6 should be priority for Government investment, drivers tell FTA
    December 20, 2016
    The Freight Transport Association (FTA) has been looking at stretches of the UK’s strategic road network that would most benefit from Government investment following the Chancellor’s commitment in his Autumn Statement to fund improvements to congestion hot spots. Philip Hammond said the Government would spend IS$1.6 billion (£1.3 billion) on improving England’s roads, including US$222 million (£220 million) on tackling congestion at pinch points and US$33 million (£27 million) on an expressway connecting Ox
    Read More
  • M25 upgraded to ‘smart’ motorway
    November 10, 2014
    Road users on the vast majority of the UK’s M25 will benefit from four-lane capacity now that the final section between junctions 25 and 27 has become a smart motorway. The road has been upgraded from three to four lanes in each direction, with the hard shoulder converted for use as a permanent traffic lane and enhanced on-road technology to manage traffic flow to improve the reliability of journey times, providing a boost for businesses and the wider economy.
    Read More
  • Vinci consortium to complete and operate Regina Bypass
    August 6, 2015
    Regina Bypass Partners, a subsidiary of Vinci Concessions, in partnership with Parsons Enterprises, Connor Clark & Lunn GVest fund and Gracorp Capital, has signed a public-private partnership contract with the Saskatchewan Ministry of Highways and Infrastructure with a term of 30 years for the completion and operation of the highway bypass of Regina, the capital city of the province of Saskatchewan in Canada. The project, which represents a total investment of around US$1.4 billion, includes the design,
    Read More
  • 2012 US Urban Mobility Report published
    February 8, 2013
    Researchers at the Texas A&M Transportation Institute (TTI) have come up with a way to measure the unreliability of trip times due to traffic congestion. The Planning Time Index (PTI) illustrates the amount of extra time needed to arrive on time for higher priority events, such as an airline departure, just-in-time shipments, medical appointments or especially important social commitments. If the PTI for a particular trip is 3.00, a traveller would allow sixty minutes for a trip that typically takes twenty
    Read More

Highlighted Content