$15.2B for infrastructure announced in Federal Budget - 1,000's of jobs in Trades created

Posted: 12th May

The Federal Government has handed down its 2021-22 Budget, with an additional $15.2 billion for infrastructure and a ten-year investment pipeline announced.

Key projects to be funded include:

  • $2 billion of initial investment for a new Melbourne Intermodal Terminal
  • $2.03 billion for Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections in New South Wales
  • $400 million for Inland Freight Route (Mungindi to Charters Towers) Upgrades in Queensland
  • $161.6 million for the Truro Bypass in South Australia
  • $160 million for Agricultural Supply Chain Improvements – Package 1 in Western Australia
  • $150 million for National Network Highway Upgrades (Phase 2) in the Northern Territory
  • $80 million for Bass Highway Safety and Freight Efficiency Upgrades in Tasmania
  • $26.5 million for William Hovell Drive Duplication in the Australian Capital Territory

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, Michael McCormack, said the substantial new funding delivered in this Budget was a key plank of the Federal Government’s plan to help Australia bounce back stronger than ever from the COVID-19 pandemic.

“In this Budget, the Federal Government will continue our strong record of infrastructure delivery as we lay the economic foundations for recovery from the pandemic,” Mr McCormack said.

“More money for infrastructure means more jobs, more local procurement and a better future for businesses across the country and that’s why this investment is the centerpiece of our National Economic Recovery Plan.”

Federal Treasurer, Josh Frydenberg, said the new investment adds to the Federal Government’s continued commitment to projects that will define the success of local communities for years to come, including the Western Sydney International (Nancy-Bird Walton) Airport and Sydney Metro – Western Sydney Airport, due to open in 2026; the Melbourne to Brisbane Inland Rail; and the much-needed Melbourne Airport Rail Link.

“Our record infrastructure investment not only creates jobs now, it also sets Australia up for the future,” Mr Frydenberg said.

“A new intermodal terminal in Melbourne will help to boost the productivity of the nation by helping businesses get their products to domestic and international markets faster following the completion of Inland Rail.”

South Australia

Total 2021-22 Budget funding: $3.2 billion

Predicted jobs created: 5,000+

Key projects to be funded include:

  • $2.6 billion allocation of funding for the North-South Corridor – Darlington to Anzac Highway
  • $161.6 million for the Truro Bypass
  • $148 million for the Augusta Highway Duplication Stage 2
  • An additional $64 million for the Strzelecki Track Upgrade – Sealing
  • An additional $60 million for the Gawler Rail Line Electrification
  • $48 million for the Heysen Tunnel Refit and Upgrade – Stage 2
  • An additional $27.6 million for the Overpass at Port Wakefield and Township Duplication
  • $32 million for the Kangaroo Island Road Safety and Bushfire Resilience Package
  • $22.5 million for the Marion Road and Sir Donald Bradman Drive Intersection Upgrade

New South Wales

Total 2021-22 Budget funding: $3.02 billion

Predicted jobs created: 6,500+

  • $2.03 billion for the Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections
  • $400 million for the Princes Highway Corridor – Jervis Bay Road to Sussex Inlet Road – Stage 1
  • $240 million for the Mount Ousley Interchange
  • $100 million for the Princes Highway Corridor – Jervis Bay Road Intersection
  • $87.5 million for M5 Motorway – Moorebank Avenue-Hume Highway Intersection Upgrade
  • $52.8 million for Manns Road – Intersection Upgrades at Narara Creek Road and Stockyard Place
  • $48 million for Pacific Highway – Harrington Road Intersection Upgrade, Coopernook

Victoria

Total 2021-22 Budget funding: $2.997 billion

Predicted jobs created: 3,000+

Key projects to be funded include:

  • $2 billion for initial investment in a new Melbourne Intermodal Terminal
  • An additional $307 million for the Pakenham Roads Upgrade
  • An additional $203.4 million for the Monash Roads Upgrade
  • An additional $20 million for the Green Triangle and $15 million for the Melbourne to Mildura Roads of Strategic Importance corridors
  • An additional $56.8 million for the Hall Road Upgrade
  • An additional $30.4 million for the Western Port Highway Upgrade
  • $17.5 million for the Dairy Supply Chain Road Upgrades
  • $10 million for the Mallacoota-Genoa Road Upgrade

Queensland

Total 2021-22 Budget funding: $1.6 billion

Predicted jobs created: 2,800+

Key projects to be funded include:

  • $400 million for the Inland Freight Route (Mungindi to Charters Towers) Upgrades
  • An additional $400 million for Bruce Highway Upgrades
  • $240 million for the Cairns Western Arterial Road Duplication
  • $178.1 million for the Gold Coast Rail Line Capacity Improvement (Kuraby to Beenleigh) – Preconstruction
  • $160 million for the Mooloolah River Interchange Upgrade (Packages 1 and 2)
  • An additional $126.6 million for Gold Coast Light Rail – Stage 3
  • $35.3 million for the Maryborough-Hervey Bay Road and Pialba-Burrum Heads Road Intersection Upgrade
  • $10 million for the Caboolture – Bribie Island Road (Hickey Road-King John Creek) Upgrade

Western Australia

Total 2021-22 Budget funding: $1.26 billion

Predicted jobs created: 4,000+

  • $347.5 million for METRONET: Hamilton Street-Wharf Street Grade Separations and Elevation of Associated Stations, including Queens Park Station and Cannington Station and an enhanced METRONET Byford Rail Extension project, with new grade separated rail crossing at Armadale Road and an elevated station at Armadale
  • $200 million for the Great Eastern Highway Upgrades – Coates Gully, Walgoolan to Southern Cross and Ghooli to Benari
  • $160 million for the WA Agricultural Supply Chain Improvements – Package 1
  • $112.5 million for the Reid Highway – Altone Road and Daviot Road-Drumpellier Drive – grade-separated intersections
  • $85 million for the Perth Airport Precinct – Northern Access
  • $64 million for the Toodyay Road Upgrade – Dryandra to Toodyay
  • $55 million for the Mandurah Estuary Bridge Duplication
  • $31.5 million towards the METRONET High Capacity Signalling project

Northern Territory

Total 2021-22 Budget funding: $323.9 million

Predicted jobs created: 900+

Key projects to be funded include:

  • $173.6 million for Northern Territory Gas Industry Roads Upgrades
  • $150 million for Northern Territory National Network Highway Upgrades (Phase 2)
  • $300,000 Development Study for a Proposed Tennant Creek Multimodal Facility and Rail Terminal

Tasmania

Total 2021-22 Budget funding: $322.6 million

Predicted jobs created: 1,000+

Key projects to be funded include:

  • $80 million for the Tasmanian Roads Package – Bass Highway Safety and Freight Efficiency Upgrades Package – Future Priorities
  • $48 million for the Algona Road Grade Separated Interchange and Duplication of the Kingston Bypass
  • $44 million for the Rokeby Road – South Arm Road Upgrades
  • $37.8 million for the Midland Highway Upgrade – Campbell Town North (Campbell Town to Epping Forest)
  • $36.4 million for the Midland Highway Upgrade – Oatlands (Jericho to South of York Plains)
  • $35.7 million for the Midland Highway Upgrade – Ross (Mona Vale Road to Campbell Town)
  • An additional $24 million for the Port of Burnie Shiploader Upgrade
  • $13.2 million for the Huon Link Road

Australian Capital Territory

Total 2021-22 Budget funding: $167.3 million

Predicted jobs created: 200+

Key projects to be funded include:

  • $26.5 million to duplicate the remaining sections of William Hovell Drive
  • An additional $5 million for Gundaroo Drive Duplication
  • $2.5 million for upgrades to Beltana Road in Pialligo

 

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Source: Infrastructure Magazine - https://infrastructuremagazine.com.au/2021/05/12/15-2-billion-for-infrastructure-announced-in-federal-budget/