NSW to receive $2.7 billion road boost as part of federal budget
4 years, 3 months ago

NSW to receive $2.7 billion road boost as part of federal budget

ABC  

The NSW Hunter Region and Western Sydney will see their roads upgraded sooner as part of the Federal Government's commitment to fast-track $2.7 billion on state infrastructure. Key points: The spending will be fast-tracked to help the NSW economy with COVID recovery The investments will create an estimated 8,000 jobs for the state Newcastle said it had been waiting for funding to complete the inner city bypass since 2014 The Federal Government has brought forward its investment into NSW roads as part of tomorrow's federal budget which is expected to see immense spending in all sectors of the economy. "This latest investment will provide another boost to the local economy and is part of our plan to support an estimated 8,000 direct and indirect jobs across the state," he said. The following roads will be among those being fast-tracked: $560 million for the Singleton Bypass on the New England Highway $360 million for the Newcastle Inner City Bypass between Rankin Park and Jesmond $120 million for an upgrade of the Prospect Highway in Western Sydney $491 million for the Coffs Harbour Bypass Deputy Prime Minister Michael McCormack said the spending would be fast-tracked as part of a previously announced 10-year plan of $100 billion in road infrastructure.

History of this topic

Infrastructure spending must be core to Federal Budget's recession recovery plan: economists
4 years, 3 months ago
Australia got its health response to COVID-19 right at a high price, but some feel the risks were overblown and the price tag too large
4 years, 7 months ago
Scott Morrison pledges $2 billion for Melbourne-Geelong fast train plan
5 years, 9 months ago

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