Road and rail figure prominently in MYEFO priorities
Transport infrastructure projects are amongst the beneficiaries of 2021-22 Mid-Year Economic and Fiscal Outlook (MYEFO) spending.
The federal government said it was providing $2.3 billion towards works across the country
This included:
- $316.1 million for the Coomera Connector Stage 1 (Coomera to Nerang) in Queensland
- $300 million for projects to support the delivery of Metronet in Western Australia
- $96 million for a heavy vehicle bypass in Tenterfield
- $80 million for the M1 Pacific Motorway extension to Raymond Terrace
- $80 million for the Freight Capacity Upgrade Program in Tasmania
- $50 million for the Lefevre Peninsula Upgrades Project in South Australia
- $17.93 million for intersection upgrades at four locations across the Australian Capital Territory
- $6 million for the Caulfield to Rowville Link business case in Victoria.
“Better roads cut travel times for tradies and truck drivers, enabling them to attend more jobs in a day, while improved rail lines ensure businesses can get their products to market, helping them grow and boosting our regional economies,” federal transport minister Barnaby Joyce said.
“Our government understands the importance of delivering the infrastructure Australians need and deserve. That’s why we’re building on our record $110 billion nationwide infrastructure plan with more funding for more projects.
“This will create more jobs and more economic opportunities for Australians.
“Regional Australia is at the heart of this investment, with investment in key highways, critical freight routes, town bypasses, rail links and supporting infrastructure for the important Inland Rail project.”