The Government is investing in nationally significant infrastructure to boost productivity, relieve congestion and improve the liveability of our cities.
Productivity enhancing infrastructure
Infrastructure is a cornerstone of our competitive and productive economy.
The Government has a strong record on delivering high quality infrastructure to enhance Australia's productivity, address supply bottlenecks and support future economic growth.
We are now seeing the real dividends of the Government's $36 billion infrastructure investment program in roads, rail and ports over the six years to 2013‑14. This investment will increase our living standards for decades to come.
The next wave of Nation Building
The Government is continuing its
ambitious program of nation building infrastructure investment that is critical to meeting the challenges associated with population growth and the expansion of our major cities.
This Budget commits $24 billion to the next wave of vital infrastructure, bringing the Government's total investment to around $60 billion from 2008‑09 to 2018‑19.
Investing in our cities
The Government is continuing to expand investment to relieve congestion and improve liveability in our cities.
This Budget provides funding for two key urban public rail projects. This includes $715 million for Brisbane Cross River Rail and $3 billion for
Melbourne Metro. These projects will increase rail capacity and reduce the traffic grind that commuters face every day.
The Government is also investing in urban roads around the country. This includes a $1.8 billion allocation for Sydney Motorways (M4 extension and M5 duplication) and $400 million for the F3-M2 'missing link' in Sydney, as well as $718 million towards the Gateway North Upgrade in Brisbane, $525.1 million to widen the M80 Ring Road in Melbourne and $448 million for the South Road Upgrade in Adelaide.
These projects will deliver substantial benefits through enhanced traffic flows for both freight and commuters and improved road safety outcomes.