Investing in roads, rail and dams

The Government is responsibly investing in infrastructure in cities and regions

The Government is investing a record $50 billion in infrastructure between 2013-14 and 2019-20.

We are responsibly investing in roads, rail and dams.

The Government has reallocated $1.5 billion in funding for Victorian transport infrastructure, including upgrades for:

• the Monash Freeway
• the Murray Basin Freight Rail
• the M80 Ring Road
• urban and regional roads

In Western Australia, the Government is investing $490 million in the Forrestfield-Airport Rail Link and an additional $261 million for the Perth Freight Link for Section 2.

In Queensland, $200 million is being invested in the first stage of the Ipswich Motorway.

For the Melbourne to Brisbane Inland Rail $594 million in additional equity funding is being provided to the Australian Rail Track Corporation to acquire land.

A $2 billion National Water Infrastructure Loan Facility will support major water infrastructure projects, such as dams, building on the $510 million National Water Infrastructure Development Fund.

The Government is also committing a further $115 million to continue preparatory activities at a Western Sydney airport.

The Government has finalised, or is close to finalising, agreements under the Asset Recycling Initiative with four states and territories worth $3.3 billion. These agreements will unlock over $23 billion in State and Territory infrastructure spending, including for the Sydney and Melbourne Metro projects.

Smart Cities Plan

The Government’s Smart Cities Plan will ensure that it is easier to invest and do business in our cities so that they can become even better places to live and work.