Australian Federal Government to award $2 billion to highway upgrade May 10, 2021
CANBERRA, ACT, Australia – Topping the list for infrastructure funding by the Australian Federal Government announced on Monday is a contribution of more than $2 billion towards the Great Western Highway between Katoomba, in the Blue Mountains, and Lithgow in the Central West.
Prime Minister Scott Morrison released the list, which outlines the various projects to receive funding in the 2021-22 Budget, on Monday.
“From upgrading the Great Western and Princes highways, to improving the key road connections in the outer suburbs and regional areas – these projects will support more than 6,500 direct and indirect jobs across New South Wales,” Prime Minister Morrison said Monday.
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Federal Budget infrastructure boost to help build Australia’s economic recovery
The national economy will be boosted by a ten-year infrastructure pipeline, with new funding for major projects to be announced in Tuesday’s Federal Budget.
Key projects to be funded include:
$2 billion of initial investment for a new Melbourne Intermodal Terminal;
$2.03 billion for Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections in New South Wales;
$400 million for Inland Freight Route (Mungindi to Charters Towers) Upgrades in Queensland;
$161.6 million for the Truro Bypass in South Australia;
$160 million for Agricultural Supply Chain Improvements – Package 1 in Western Australia;
Major road upgrades, a new freight terminal and the rebuild of a key regional airport will form part of a huge infrastructure program announced in Tuesday s federal budget.
Treasurer Josh Frydenberg will announce projects worth $110 billion to generate thousands of jobs over the next ten years as the nation recovers from the Covid-19 pandemic.
Some key projects worth $10billion will be unveiled on Monday, including upgrades to the Great Western Highway in NSW and Queensland s Bruce Highway, as well as a new freight train terminal in Melbourne.
The Bruce Highway in Queensland (pictured heading south past the Glasshouse Mountains) will be upgraded
Gladstone usurps Brisbane as much cheaper Inland Rail destination
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Australia’s $15 billion Inland Rail project from Melbourne would be more than $4 billion cheaper if it used Toowoomba as a hub for local freight rather than extending to Brisbane, a study shows.
International freight, however, would be transported by rail from Toowoomba, through the Surat Basin, then exported from Gladstone, not Brisbane, the study released in February by AEC Group consultants shows.
Gladstone is asserting its case to be considered the destination of Australia’s now $15 billion Inland Rail project.
Great opportunity for Inland Rail Gladstone extension themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.