The investment in infrastructure budget breakdown, here are the facts!

A record investment in infrastructure has been introduced as part of the 2021-22 Budget, with a goal to support and secure jobs, drive growth and help rebuild Australia’s economy from the COVID-19 pandemic.

This $110 billion, 10-year infrastructure pipeline forms part of our Economic Recovery Plan and will secure Australia’s world-leading economic recovery by delivering nation-building infrastructure projects, water security to inland Australia, meeting our national freight challenge and getting Australians home sooner and safer.

This includes an additional $15.2 billion in new commitments to infrastructure projects through the 2021-22 Budget, supporting an estimated 30,000 jobs across Australia.

Delivering the nation-building projects Australia needs

The Government is focusing on new commitments in major infrastructure projects right across the country, including:

• $2.0 billion for Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections in New South Wales;
• $2.0 billion investment to deliver a new Melbourne Intermodal Terminal
• $400.0 million for Bruce Highway Additional Funding in Queensland;
• $237.5 million for METRONET: Hamilton Street / Wharf Street Grade Separations and Elevation of Associated Stations in Western Australia;
• $161.6 million for the Truro Bypass in South Australia;
• $150.0 million for National Network Highway Upgrades (Phase 2) in the Northern Territory;
• $80.0 million for Bass Highway Safety and Freight Efficiency Upgrades in Tasmania; and
• $26.5 million for William Hovell Drive Duplication in the Australian Capital Territory.

Investment into programs also include:

• Life-Saving Road Safety Program
• Local Roads and Community Infrastructure Program
• New and augmented water infrastructure projects
• The Building Better Regions Fund

For the full article and break down of state by state budget and projects read here: https://minister.infrastructure.gov.au/mccormack/media-release/infrastructure-investment-securing-australias-economic-recovery

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