
Treasurer Josh Frydenberg's third budget on Tuesday will include billions of dollars in infrastructure spending.
The federal budget will include at least $5 billion in funding for infrastructure projects aimed at making roads safer, reducing travel times and supporting thousands of jobs.
Prime Minister Scott Morrison said:
"Our record funding commitment is creating jobs, boosting business investment, while securing Australia's COVID recovery."
Deputy Prime Minister and Infrastructure Minister Michael McCormack said the substantial new funding is a key plank of the government's plan to help Australia bounce back stronger than ever from the pandemic:
"More money for infrastructure means more jobs, more local procurement and a better future for businesses across the country and that's why this investment is the centrepiece of our National Economic Recovery Plan."
Treasurer Josh Frydenberg will hand down his third budget on Tuesday.
KEY PROJECTS TO BE FUNDED INCLUDE:
$2 billion initial investment for a new Melbourne Intermodal Terminal
$2.03 billion for Great Western Highway Upgrade – Katoomba to Lithgow – construction of east and west sections in NSW
$400 million for Inland Freight Route (Mungindi to Charters Towers) upgrades in Queensland
$161.6 million for the Truro Bypass in South Australia
$160 million for Agricultural Supply Chain Improvements – 'Package 1' in Western Australia
$150 million for National Network Highway upgrades (Phase 2) in the Northern Territory
$80 million for Bass Highway safety and freight efficiency upgrades in Tasmania
$26.5 million for William Hovell Drive duplication in the ACT
Federal member for Barker, the South Australian seat including Truro, the Barossa Valley and Riverland, told FlowNews24 on Monday morning:
"This is a massive road project for Barker and its something I've campaigned for for a very long time. When we looked to upgrade the Sturt Highway with $70 million of federal government funding, I indicated that the scoping works for the Truro bypass the first priority.
"I'm really pleased that those scoping works have led to this really significant announcement."
Senior manager for safety and infrastructure for the RAA of SA, Charles Mountain, told FlowNews24 on Monday morning:
"The Truro Bypass is a project which we advocated for for some time and (was) in fact part of our submission to this particular budget. We are very pleased there is a commitment to fund this project.
"The Truro Bypass in particular is really important because it is part of the key freight route and we know for some time there has been a call for this to happen in conjunction with other works on the Sturt Highway and the heavy vehicle bypass around the back of the Hills.
"The intro of this piece of the corridor improvement is most welcome and when complete will make a significant difference to the movement of freight through this area."
-- with AAP
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