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Australian Federal Infrastructure Budget 2020-21

Good news! The Australian Federal Budget for Infrastructure in 2020-21 has recently been announced. It features a significant funding boost for Australia’s infrastructure industry, with $7.5 billion invested nation-wide, plus a further 40,000 jobs during construction.

The new funding is part of the Federal Government’s commitment to support new and accelerated infrastructure projects in the next four years, with the aim of boosting the national economy and creating thousands of jobs during the COVID-19 pandemic.

Key funding announcements* include: 

  • Nationwide transport infrastructure: $7.5 billion
  • Road safety initiatives: $2 billion
  • Local Roads and Community Infrastructure: $1 billion
  • National Water Infrastructure Development Fund: $2 billion

 

Here is a state-by-state breakdown of key infrastructure projects*:

 

New South Wales Federal Budget Funding: $2.7 billion

  • $560 million for the Singleton Bypass on the New England Highway
  • $360 million for the Newcastle Inner City Bypass, Rankin Park to Jesmond
  • $120 million for the Prospect Highway Upgrade
  • $60 million for the M1 North Smart Motorway – ANZAC bridge to Warringah Freeway

 

Victoria Federal Budget Funding: $1.1 billion

  • $320 million for the Shepparton Rail Line Upgrade – Stage 3
  • $292 million for the Barwon Heads Road Upgrade
  • $208 million for the Warrnambool Rail Line Upgrade – Stage 2
  • $85 million for the Hall Road upgrade

 

Queensland Federal Budget Funding: $1.3 billion

  • $750 million for the Coomera Connector Stage 1 – Coomera to Nerang
  • $112 million for the Centenary Bridge Upgrade
  • $76 million for the Riverway Drive Upgrade Stage 2 – Allambie Lane to Dunlop Street
  • $50 million for the Beams Road Open Level Crossing

 

Western Australia Federal Budget Funding: $1.1 billion

  • $102 million for METRONET: High Capacity Signalling
  • $75 million for the Canning Bridge Bus Interchange
  • $70 million for the Roe Highway Widening and Abernethy Road Upgrade
  • $48 million for the Perth CBD Transport Plan

 

South Australia Federal Budget Funding: $625 million

  • $200 million for the Hahndorf Township Improvements and Access Upgrade
  • $136 million for the Main South Road Duplication Stage 2 – Aldinga to Sellicks Beach
  • $100 million for the Strzelecki Track Upgrade
  • $28 million for the South Eastern Freeway Safety Upgrade

 

Tasmania Federal Budget Funding: $360 million

  • $150 million for the Hobart to Sorell Corridor – Midway Point Causeway (including McGees Bridge) and Sorell Causeway
  • $65 million for the Tasman Bridge upgrade
  • $12 million for the Freight Bridge upgrades
  • $7 million for the Midland Highway Safety Works Package – Powranna Road to South of Symmons Plains and Tunbridge

 

Northern Territory Federal Budget Funding: $190 million

  • $120 million for the Carpentaria Highway Upgrade
  • $47 million for National Network Highway Upgrades
  • $23 million for the Stuart Highway Upgrade at Coolalinga

 

Australian Capital Territory Federal Budget Funding: $155 million

  • $88 million for the Molonglo River Bridge
  • $50 million for the Canberra – South West Corridor Upgrade Package
  • $2.5 million for the Parkes Way Upgrade – Planning and Design

 

* Commonwealth of Australia (2020). Building our Future: Infrastructure Investment Laying the Foundations of Economic Recovery [PDF]. Available at: https://investment.infrastructure.gov.au/files/budget-2020-21/budget-2020-21-building-our-future-oct-2020.pdf [Accessed 1 Feb. 2021].