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NSW, SA snag lion's share of budget infrastructure spending - Smart Property Investment


NSW, SA snag lion’s share of budget infrastructure spending
By Fergus Halliday
11 May 2021
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1 minute read
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NSW, SA and Victoria have snagged the lion’s share of infrastructure spending in the latest federal budget.
As revealed in the 2021 budget, the government is committing an additional $15.2 billion to infrastructure projects over the next ten years. This will bump the total federal commitment to $110 billion, with the additional spending said to account for 30,000 new jobs over the decade. 
At a federal level, both the Local Roads and Community Infrastructure Program and Road Safety Program are being extended for another year at the cost of $1 billion each. ....

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One step closer to completing princes highway duplication between Traralgon and Sale


Date Time
One step closer to completing princes highway duplication between Traralgon and Sale
Contracts have been awarded for construction of the final 43 kilometres of the Princes Highway to be duplicated between Traralgon and Sale in eastern Victoria.
To provide more opportunities across the construction industry, the project will be delivered concurrently through a trio of construction partners including Laing O’Rourke, Whelans Group Investments and BildGroup.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the $253.3 million project would duplicate the remaining sections of the Princes Highway East at Flynn and Kilmany and will result in better connections and a safer road while supporting hundreds of jobs. ....

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