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Federal Budget good for construction – white card

Recent budget will mean more construction opportunities and jobs.

A greater workforce in construction will be needed.

2018-19 Australian federal budget

An allocation of 24 billion for infrastructure will see more than 75 billion invested in infrastructure projects over the next decade.

A major focus on rail and road infrastructure is within this year’s budget including national initiatives including;

  • $3.5 billion on roads of strategic importance
  • 1.5 billion for Northern Australia
  • $400 million for Tasmanian Roads
  • $100 million for the NSW and ACT Barton Highway Corridor
  • $1.5 billion future national priorities
  • $1 billion Urban Congestion Fund
  • $250 million for Major Project Business Case Fund.

Victoria was allocated $7.8 billion;

  • $5 billion for the Melbourne airport rail
  • $175 million for the North East Link
  • $475 million for Monash Rail.

New infrastructure investment $24 billion;

Queensland allocated $5.2 billion including;

  • $3.3 billion Bruce Highway extension
  • $1 billion for the M1 expansion
  • $390 million for Brisbane Metro

WA allocated $2.8 billion

  • $1.05 billion Metro net Rail
  • $944 million Perth’s congestion package
  • $560 million for the Bunbury Outer Ring Road

South Australia $1.8 billion

  • $1.2 billion North-South Corridor
  • $220 million Gawler Rail Line electrification.

NSW $1.25 billion

  • $971 million Pacific Highway Coffs Harbour Bypass
  • $400 million Port Botany Rail Duplication.

Tasmania $921 million

  • $461 million replacing the Bridgewater Bridge
  • $400 million Tasmanian road package.

NT $259.6 million

  • $180 million Central Arnhem Road upgrade
  • $100 million Buntine Highway upgrade.

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