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An additional $17.9 billion has been committed towards new and existing infrastructure projects in Australia’s infrastructure pipeline in this week’s Federal Budget.
With investments in new and existing infrastructure projects in every state and territory, the Government’s rolling 10-year infrastructure investment pipeline will increase from $110 billion to over $120 billion, a new record.
Key new commitments funded in the 2022–23 Budget include:
- $3.1 billion in new commitments to deliver the $3.6 billion Melbourne Intermodal Terminal Package (VIC), including:
- $1.2 billion for the Beveridge Interstate Freight Terminal in Beveridge, taking the total investment to $1.62 billion;
- $280 million for Road Connections, including Camerons Lane Interchange, to the Beveridge Interstate Freight Terminal;
- $740 million for the Western Interstate Freight Terminal in Truganina; and
- $920 million for the Outer Metropolitan Ring – South Rail connection to the Western Interstate Freight Terminal.
- $1.6 billion for the Brisbane to the Sunshine Coast (Beerwah-Maroochydore) rail extension (QLD)
- 1.121 billion for the Brisbane to the Gold Coast (Kuraby – Beenleigh) faster rail upgrade (QLD)
- $1 billion for the Sydney to Newcastle – (Tuggerah to Wyong) faster rail upgrade (NSW)
- $678 million for Outback Way (NT, WA, QLD)
- $336 million for the Pacific Highway – Wyong Town Centre (NSW)
- $336 million for the Tasmanian Roads Package – Northern Roads Package – Stage 2 (TAS)
- $200 million for the Marion Road – Anzac Highway to Cross Road (SA)
- $145 million for the Thomas Road – Dual Carriageway – South Western Highway to Tonkin Highway and interchange at Tonkin Highway (WA)
- $140 million for Regional Road Safety upgrades (WA)
- $132 million for Central Australian Tourism Roads (NT)
- $120 million for the Adelaide Hills Productivity and Road Safety Package (SA)
- $46.7 million towards the Athllon Drive Duplication (ACT)
The Budget also includes additional funding for existing projects and Roads of Strategic Importance corridors, including:
- $2.264 billion for the North South Corridor – Torrens to Darlington (SA)
- $352 million for the Milton Ulladulla Bypass (NSW)
- $320 million for the Bunbury Outer Ring Road (Stages 2 and 3) (WA)
- $200 million for the Tonkin Highway Stage 3 Extension (WA)
- $45 million for the Ballarat to Ouyen – Future Priorities (VIC)
- $68.5 million for the Cooktown to Weipa Corridor Upgrade bringing the total Australian Government funding to the corridor to $258.5 million (QLD)
Treasurer Josh Frydenberg said infrastructure is a key pillar of our economic plan to grow the economy and get more Australians into work.
“With the unemployment rate already at an equal 48 year low, the measures in this Budget will create an additional 40,000 jobs across Australia, building on our world-leading economic recovery,” the Treasurer said.
For more information on the Government’s investments, visit www.investment.infrastructure.gov.au.
Infrastructure investment by state – 2022/2023 Budget
Western Australia
Key new projects funded in Western Australia in the 2022–23 Budget include:
- 145 million for the Thomas Road – Dual Carriageway – South Western Highway to Tonkin Highway and interchange at Tonkin Highway
- $140 million for Regional Road Safety Upgrades
- $100 million for the METRONET: Morrison Road Level Crossing Removal
- $50 million for the Tonkin Highway – North Ellenbrook Interchange
- $48 million for the Moorine Rock to Mt Holland Road Upgrades
- $40 million for the Newman to Katherine Corridor Upgrade – Great Northern Highway Upgrade – Newman to Port Hedland Overtaking Lanes
The Budget also includes additional funding for existing projects, including:
- $320 million for the Bunbury Outer Ring Road (Stages 2 and 3)
- $200 million for the Tonkin Highway Stage 3 Extension
- $178 million for the Pinjarra Heavy Haulage Deviation – Stages 1 and 2
- $135 million for the METRONET: Thornlie-Cockburn Link
- $116 million for the METRONET: High Capacity Signalling
- $90 million for the METRONET: Yanchep Rail Extension
New South Wales
Key new projects funded in New South Wales in the 2022–23 Budget include:
- $1 billion for the Sydney to Newcastle – (Tuggerah to Wyong) faster rail upgrade
- $336 million for the Pacific Highway – Wyong Town Centre
- $264 million for the Newell Highway Upgrade – Heavy Duty Pavement Upgrades – North Moree
- $232.5 million for Mulgoa Road Stage 2 – Glenmore Parkway to Jeanette Street, Stage 5A Blaikie Road to Jamison Road and Stage 5B Jamison Road to Union Road.
- $100 million for the Southern Connector Road, Jindabyne
- $95.6 million for the Picton Bypass and Picton Road – Planning
- $77.5 million for a business case for Stage 2 of the Sydney Metro – Western Sydney Airport line
The Budget also includes additional funding for existing projects, including:
- $352 million for the Milton Ulladulla Bypass
- $300 million for the Grade Separating Road Interfaces
- $65 million for the M5 Motorway – Moorebank Avenue – Hume Highway Intersection Upgrade
Victoria
Key new projects funded in Victoria in the 2022–23 Budget include:
- $3.1 billion in new commitments to deliver the $3.6 billion Melbourne Intermodal Terminal Package:
- $1.2 billion for the Beveridge Interstate Freight Terminal in Beveridge, taking the total investment to $1.62 billion;
- $280 million for Road Connections, including Camerons Lane Interchange, to the Beveridge Interstate Freight Terminal;
- $740 million for the Western Interstate Freight Terminal in Truganina
- $920 million for the Outer Metropolitan Ring – South Rail connection to the Western Interstate Freight Terminal
- $109.5 million for the Mickleham Road Upgrade
The Budget also includes additional funding for existing projects, including:
- $45 million for the Ballarat to Ouyen – Future Priorities
- $23.1 million for the Canterbury Road Upgrade
Northern Territory
Key new projects funded in the Northern Territory in the 2022-23 Budget include:
- $132 million for Central Australian Tourism Roads
- $55 million for the Tiger Brennan Drive/Berrimah Road Intersection Upgrade
South Australia
Key new projects funded in South Australia in the 2022–23 Budget include:
- $200 million for the Marion Road – Anzac Highway to Cross Road
- $120 million for the Adelaide Hills Productivity and Road Safety Package
- $60 million for the South East Freeway Managed Motorways – Stage 2
- $60 million for the Targeted Investments to Improve National Supply Chain Resilience
- $16 million for the Main South Road Productivity Package
The Budget also includes $2.264 billion in additional funding for the North South Corridor – Torrens to Darlington, $40 million in additional funding for Horrocks Highway Corridor, and $20 million in additional funding for the Marion Road and Sir Donald Bradman Drive Intersection Upgrade.
Queensland
Key new projects funded in Queensland in the 2022–23 Budget include:
- $1.6 billion for the Brisbane to the Sunshine Coast (Beerwah-Maroochydore) rail extension
- $1.121 billion for the Brisbane to the Gold Coast (Kuraby – Beenleigh) Faster Rail Upgrade
- $150 million for the Brisbane Metro – Woolloongabba Station
- $396 million for the South East Queensland City Deal
- $27.2 million for three business cases for upgrades on the Bruce Highway between Anzac Avenue and Caboolture Bribie Island Road.
- $22.5 million for Brisbane Olympic and Paralympic Games 2032 business case development
- $20 million for safety upgrades on the Brisbane Valley Highway.
The Budget also includes additional funding for existing projects and Roads of Strategic Importance corridors, including:
- $68.5 million for the Cooktown to Weipa Corridor Upgrade bringing the total Australian Government funding to the corridor to $258.5 million
- $11.5 million for the Tennant Creek to Townsville Corridor Upgrade bringing the total Australian Government funding to the corridor to $211.5 million
Australian Capital Territory
Key new projects funded in the ACT in the 2022–23 Budget are:
- $46.7 million for the Athllon Drive Duplication
- $2.8 million for the Kent Street and Novar Street Intersection Upgrades
- $1.5 million for the Inner Canberra Corridor Planning Package
Tasmania
Key new projects funded in Tasmania in the 2022–23 Budget include:
- $336 million for the Tasmanian Roads Package – Northern Roads Package – Stage 2
- $100 million for the Great Eastern Drive Tourism Support – additional packages
- $96 million for the Tasmanian Freight Rail Revitalisation Program – Tranche 4
- $56 million for the Tasmanian Roads Package – Tasman Highway Sideling Upgrade – Stage 2
- $24 million for the Bell Bay Line – Reconnection to the Bell Bay Wharf
- $14.4 million for the Melba Line Bulk Minerals Rail Hub
- $13.5 million for the Hobart – Northern Transit Corridor Solution
Source: Commonwealth of Australia
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