Part 3: Capital Measures (Continued)
Infrastructure, Transport, Regional Development and Local Government
Australian Rail Track Corporation — investment
| 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | 2013‑14 | |
|---|---|---|---|---|---|
| Department of Infrastructure, Transport, Regional Development and Local Government | - | - | - | - | - |
The Government will provide $183.2 million in equity in 2010‑11 to the Australian Rail Track Corporation Limited (ARTC) to ensure the ARTC has the resources necessary to complete its capital works program. The ARTC is undertaking an extensive capital works program which includes increasing the capacity of the Hunter Valley coal lines and developing the Southern Sydney Freight Line, using a mix of equity and debt funding.
See also the related capital measure titled Australian Rail Track Corporation — new projects to improve productivity in the Infrastructure, Transport, Regional Development and Local Government portfolio.
Australian Rail Track Corporation — new projects to improve productivity
| 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | 2013‑14 | |
|---|---|---|---|---|---|
| Department of Infrastructure, Transport, Regional Development and Local Government | - | - | - | - | - |
The Government will provide equity funding of $996.0 million over three years to the Australian Rail Track Corporation (ARTC) Limited to upgrade the national rail network. The upgrades will substantially increase productivity by reducing rail freight traffic times, improving line capacity, improving services to consigners and reducing line maintenance costs.
The lines that are being upgraded include NSW North Coast (easing of curves to increase capacity and decrease journey times); Goulburn — Moss Vale — Glenlee and Gheringhap — Maroona (the provision of passing loops to allow overtaking); Broken Hill — Parkes (replacing timber sleepers with concrete sleepers); and
Albury — Melbourne — Geelong and Whyalla — Broken Hill and Parkes — Cootamundra (rerailing to allow larger trains).
Funding will also be provided for construction of two additional crossing loops and rail replacement on the Koolyanobbing to Kalgoorlie line, subject to ARTC concluding arrangements for access to the interstate network in Western Australia with Westnet Rail on acceptable terms and conditions.
If www.budget.gov.au responds slowly or you are having trouble downloading a document, try one of the Budget Website Mirrors
Note: Where possible, Budget documents are available in HTML and for downloading in Portable Document Format(PDF). If you require further information on any of the tables or charts on this website, please contact The Treasury.
