Yahoo Finance 19,400 jobs: Roads and rails get $10b Budget boost
Over $10 billion will be spent over 10 years in major work for roads and rail across the country to boost growth and jobs, the Federal Government has announced.
Prime Minister Scott Morrison announced the additional funding to a number of major projects across every state to improve public transport, road safety and travel times which is expected to add nearly 20,000 jobs across the country.
The funding adds to the $100 billion infrastructure spending already announced in the 2019 Federal Budget.
Here’s the breakdown on where the new funding will go for each state.
$2.95 billion for New South Wales
Key projects to be funded include:
$2.03 billion for the Great Western Highway Upgrade
$500 million for the Princes Highway Corridor
$240 million for the Mount Ousley Interchange
$87.5 million for M5 Motorway
$52.8 million for Manns Road
$48 million for Pacific Highway
These projects are expected to create over 6,500 jobs, according to the Prime Minister.
“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,” Morrison said.
$2.64 billion for Victoria
Key projects to be funded include:
$2 billion for a new Melbourne freight Terminal
An additional $307 million for the Pakenham Roads Upgrade
An additional $203.4 million for the Monash Roads Upgrade
An additional $20 million for the Green Triangle and $15 million for the Melbourne to Mildura Roads of Strategic Importance corridors
An additional $56.8 million for the Hall Road Upgrade
An additional $30.4 million for the Western Port Highway Upgrade;
$17.5 million for the Dairy Supply Chain Road Upgrades
$10 million for the Mallacoota-Genoa Road Upgrade
The Prime Minister said these projects will support over 3,000 jobs.
“From building the intermodal Melbourne needs for a better future for freight and productivity, to improving the key road connections in the outer suburbs and regional areas - these projects will support more than 3,000 direct and indirect jobs across Victoria,” Morrison said.
$3.16 billion for South Australia
Key projects to be funded include:
$2.6 billion allocation of funding for the North-South Corridor
$161.6 million for the Truro Bypass
$148 million for the Augusta Highway
An additional $64 million for the Strzelecki Track Upgrade
An additional $60 million for the Gawler Rail Line Electrification
$48 million for the Heysen Tunnel Refit and Upgrade
An additional $27.6 million for the Overpass at Port Wakefield and Township Duplication
$32 million for the Kangaroo Island Road Safety and Bushfire Resilience Package
$22.5 million for the Marion Road and Sir Donald Bradman Drive Intersection Upgrade
Prime Minister Scott Morrison said these projects will support over 5,000 jobs.
“From continuing upgrades on the North South Corridor, to delivering the roads needed for the recovery of Kangaroo Island from devastating bushfires - these projects will support more than 5,000 direct and indirect jobs across South Australia,” Morrison said.
$1.55 billion for Queensland
Key projects to be funded include:
$400 million for the Inland Freight Route (Mungindi to Charters Towers) Upgrades
An additional $400 million for Bruce Highway Upgrades
$240 million for the Cairns Western Arterial Road Duplication
$178.1 million for the Gold Coast Rail Line Capacity Improvement (Kuraby to Beenleigh) – Preconstruction
$160 million for the Mooloolah River Interchange Upgrade (Packages 1 and 2)
An additional $126.6 million for Gold Coast Light Rail – Stage 3
$35.3 million for the Maryborough-Hervey Bay Road and Pialba-Burrum Heads Road Intersection Upgrade; and
$10 million for the Caboolture – Bribie Island Road (Hickey Road-King John Creek) Upgrade.
Morrison said this move will help to support over 2,800 jobs.
“From continuing upgrades on the Bruce Highway, to increasing our investment in rail on the Gold Coast - these projects will support more than 2,800 direct and indirect jobs across Queensland,” Morrison said.
$323.9 million for the Northern Territory
Key projects to be funded include:
$300,000 for a developmental study for a proposed Tennant Creek Multimodal Facility and ral terminal
$150 million for the Northern Territory National Network Highway upgrades
$173 million for the Northern Territory Gas Industry Roads Upgrade
Morrison said these projects will make Northern Territory roads safer, reduce travel times and support hundreds of jobs across the Top End.
“From continuing our upgrades on major highways, to improving roads which support the expansion of the Beetaloo Basin - these projects will support more than 900 direct and indirect jobs across the Territory,” Morrison said.
$319 million for Tasmania
Key projects to be funded include:
$80 million for the Tasmanian Roads Package
$48 million for the Algona Road Grade Separated Interchange and Duplication of the Kingston Bypass
$44 million for the Rokeby Road – South Arm Road Upgrades
$37.8 million for the Midland Highway Upgrade
$36.4 million for the Midland Highway Upgrade
$35.7 million for the Midland Highway Upgrade
An additional $24 million for the Port of Burnie Shiploader Upgrade
$13.2 million for the Huon Link Road.
Morrison said these projects will help support over a thousand jobs in Tasmania.
“From continuing upgrades on the Bass and Midland highways, to delivering a better Port of Burnie Shiploader - these projects will support more than 1,000 direct and indirect jobs across Tasmania,” he said.
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