Budget 2016/17 – Government to invest a record $50 billion on infrastructure

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By 2020, the Government has pledged a record $50 billion for infrastructure, investing in roads, rails and dams, linking regional and urban areas and making our major cities more attractive for investment through its Smart Cities Plan.

Victoria has already received $1.5 billion to help fund upgrades to the Monash Freeway, Murray Basin Freight Rail line, the M80 Ring Road and other urban and regional roads. Another $594 million in equity funding will be provided to help acquire land for the Melbourne to Brisbane Inland Rail project.

Western Australia will see $490 million invested in its Forrestfield-Airport Rail Link, with another $261 million being poured into the Perth Freight Link. Queensland will get $200 million towards the first stage of the Ipswich Motorway and another $115 million will be put into preparations for the Western Sydney Airport.

A $2 billion National Water Infrastructure Loan Facility will be set up to assist in the development and management of Australia’s waterways and dams.

Around $920 million is being set aside for various infrastructure programs, including the Roads to Recovery program, multiple bridge and rail upgrades, Black Spots programs and the Heavy Vehicle Safety and Productivity program.

What does this mean for you?
Better, safer roads will help connect regional and urban area, and linking freight lines with major cities could mean lower prices on goods shipped interstate. The Smart Cities Plan aims to make it easier for business to invest in our cities, so, once again, we could see an increased range of products and services at more affordable prices.

What do you think of this investment? Will you benefit from these upgrades?

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Written by Leon Della Bosca

Leon Della Bosca is a voracious reader who loves words. You'll often find him spending time in galleries, writing, designing, painting, drawing, or photographing and documenting street art. He has a publishing and graphic design background and loves movies and music, but then, who doesn’t?

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1 Comments

Total Comments: 1
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    There would be less issues with heavy vehicles if the roads had been made wide enough when first constructed and sealed in country areas. Some were barely the width of 2 cars when they were built. The edges broke away fairly quickly that weren’t being used for trucks on a regular basis – some still aren’t except grain harvest. A lot of roads are patched – they’re not level or sealed to the existing road and crack apart within a few months on busy roads. I know of one road that had a pot-hole in it. Instead of filling the hole with whatever they normally use, they sealed over it with bitumen spray. It was done by a contractor – not Govt. crews. Some leave their road works signs out for months.


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