The Hon. Warren Truss MP
Deputy Prime Minister of Australia
Minister for Infrastructure and Regional Development
THE 2015 Budget is part of the Commonwealth Government’s plan to build a strong, safe and prosperous future for all Australians.
The Government is building for the future delivering the biggest infrastructure investment programme in Australia’s history.
One year after we announced our record $50 billion investment in world-class infrastructure, there are bulldozers on the ground building major projects across the nation. (Attachment A tables all projects).
Our record infrastructure investment is helping to create tens of thousands of jobs, eliminate congestion in our cities, increase the economic capacity of our freight routes and improve safety for all road users.
Upgrading major transport corridors like the Bruce Highway and the Pacific Highway to ensure Australia’s freight industry operates more effectively and businesses can take advantage of new trade opportunities are a vital part of the Government’s plan to to build a strong, safe and prosperous future for all Australians.
Game-changing projects now under construction in our capital cities will help cut fuel costs and reduce travel times for commuters so they can spend more time being productive at work or at home with their families.
The Government has also ended decades of uncertainty for Western Sydney by getting on with delivering a new airport at Badgerys Creek. Work is now underway on our jointly funded $3.6 billion roads package to support the new airport, which will create thousands of jobs during construction and tens of thousands of jobs once the airport begins operating.
We are building better infrastructure more quickly and at less cost to taxpayers through new financing and delivery arrangements for some of Australia’s biggest projects, like WestConnex and NorthConnex in Sydney, and Perth Freight Link in Western Australia.
The Government’s $5 billion Asset Recycling Initiative is also propelling state and territory governments to invest billions more into new city-transforming infrastructure projects like the Second Harbour Rail Crossing in Sydney and the Capital Metro light rail project in the ACT.
The Roads to Recovery Programme will continue to support the construction and maintenance of local roads with $350 million allocated annually, as well an extra $350 million being funded in 2015-16. More than 2,300 projects have already been listed for funding under the current 2014-2019 programme.
The Black Spot Programme will continue to reduce crashes on our roads with $60 million allocated annually to target dangerous areas where crashes are occurring. We are almost tripling Black Spot funding for the next two years with an extra $100 million being allocated in 2015-16 and 2016-17 to accelerate road safety improvements. A total of 382 projects across five states and territories have already been announced for 2015-16, with further announcements to be made in coming weeks.
The Heavy Vehicle Safety and Productivity Programme will continue to fund infrastructure projects across Australia to improve the productivity and safety outcomes of heavy vehicle operations. It will do this by enhancing the capacity of existing roads, improving connections to freight networks and through projects such as rest stops and decoupling bays. The Commonwealth Government has committed an additional $200 million over five years (2014-15 to 2018-19).
Nationally, the Government is committed to lifting the economic performance of our rail freight network. Inland Rail remains a key commitment to boost our national productivity. The Australian Rail Track Corporation (ARTC) is continuing pre-construction work and the final business case, with the delivery plan expected mid-2015. This will enable the Government to schedule further construction funding to deliver the project over the next decade, in addition to our existing $300 million commitment. Our ongoing $50 million commitment to ARTC’s implementation of the Advanced Train Management System is also contributing to a safer and more productive national freight rail network.
Our regions will continue to receive vital funding through our signature election commitments.
The Bridges Renewal Programme will improve the economic capacity of bridges and access for local communities, by investing $300 million over four years from 2015-16 to renewing our nation’s dilapidated bridges. Applications for Round Two of the programme will open in coming months. $60 million will be allocated in 2015-16.
The Government’s new Stronger Communities Programme is providing $45 million over two years to fund small capital projects in local communities. Funding of $150,000 per year over two years, commencing in 2015-16, will be available to support projects that deliver social and economic benefits in Australia’s local communities.
Funding under the National Stronger Regions Fund will begin from 2015-16 to support priority economic and infrastructure projects across Australia to ensure we create more jobs and opportunity for our regions. $1 billion is available for community projects over five years, with a major focus on strengthening our regions by improving the productivity, employment and workforce skills of Australians. $200 million will be allocated in 2015-16.
Project highlights by State and Territory
New South Wales
* Western Sydney Infrastructure Plan: $2.9 billion with $209.7 million provided in 2015-16.
* Pacific Highway duplication: $5.6 billion with $542.5 million provided in 2015-16.
* WestConnex: $1.5 billion plus a concessional loan of up to $2 billion to accelerate the New M5 section with $450.0 million provided in 2015-16.
* Northern Sydney Freight Corridor: $691.6 million with $100.9 million provided in 2015-16.
* NorthConnex: $405 million with $143.0 million provided in 2015-16.
* M1 Productivity Package: $195.8 million with $11.0 million provided in 2015-16.
* Bruce Highway: up to $6.7 billion with $500 million provided in 2015-16.
* Gateway Motorway North: up to $929.6 million with $50 million provided in 2015-16.
* Toowoomba Second Range Crossing: Up to $1.285 billion with $316.65 million provided in 2015-16.
* Warrego Highway: $508 million with $101.5 million provided in 2015-16.
* Cape York Region Package: $208.4 million with $48 million provided in 2015-16.
* Moreton Bay Rail Link: $518.4 million with $102 million provided in 2015-16
* Western Highway – Ballarat to Stawell Duplication: $501.3 million with $73.1 million provided in 2015-16.
* Tullamarine Freeway Widening (Section 1): $200 million with $19.7 million provided in 2015-16.
* Princes Highway West – Winchelsea to Colac Duplication: $185.5 million with $20.7 million provided in 2015-16.
* St Albans Road Rail Level Crossing: $151 million with $110.9 million provided in 2015-16.
* Princes Highway East – Traralgon to Sale Duplication: $210 million with $20 million provided in 2015-16.
#The Commonwealth Government will provide $3 billion to the first Victorian Government willing to build the East West Link and is formalising this commitment as a Contingent Liability in Statement 8 of the 2015-16 Budget Papers.
* Perth Freight Link: $925 million with $87.9 million provided in 2015-16.
* Gateway WA Perth Airport: $675 million with $139.46 million provided in 2015-16.
* NorthLink WA - Swan Valley Bypass: $615 million with $66.4 million in 2015-16.
* NorthLink WA – Tonkin Highway Grade Separations: $141 million with $42 million provided in 2015-16.
* Great Northern Highway (Muchea to Wubin): $307.8 million with $77.1 million provided in 2015-16.
* North West Coastal Highway (Minilya to Barradale): $172.7 million with $51.3 million provided in 2015-16.
#The Commonwealth has provided an additional $499.1 million for road infrastructure to assist the Western Australia as a result of a GST revenue shortfall in 2015-16.
* North-South Corridor – Darlington interchange: $496 million with $82 million provided in 2015-16.
* North-South Corridor – Torrens Road to River Torrens: $448 million with $80 million in 2015-16.
* Anangu Pitjantjatjara Yankunytjatjara (APY) Lands: $85 million with $20 million provided in 2015-16.
* Midland Highway: $400 million with $57.1 million provided in 2015-16.
* Freight Rail Revitalisation: $ 59.8 million with $16.5 million provided in 2015-16.
* Brooker Highway (Elwick-Goodwood to Howard Road): $25.6 million with $8.9 million provided in 2015-16.
* Northern Territory Roads Package: $77.0 million with $35.4 million provided in 2015-16.
* Regional Roads Productivity Package: $90.0 million with $49.1 million provided in 2015-16.
* Tiger Brennan Drive Duplication (Dinah Beach Road to Berrimah Road): $70.0 million with $22.1 million provided in 2015-16.
Australian Capital Territory
* Majura Parkway: $111.1 million with $6.9 million provided in 2015-16.
Attachment A detailing all projects is available online at: http://investment.infrastructure.gov.au/funding/projects/
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