The Australian Government is continuing to invest in new and existing infrastructure projects across the nation, including a $639 million funding to deliver Tasmania’s infrastructure pipeline.
Funded through the 2022-23 Federal Budget, this significant investment will not only create jobs and drive economic growth, but it will also help keep commuters and freight safe and moving.
The Government’s investment in new and existing infrastructure projects in every state and territory builds on the national rolling 10-year infrastructure investment pipeline, which has reached a record $120 billion.
“Continuing to provide record future funding for road and rail projects is a key part of our economic plan for the long term to keep our economy strong.
“By investing in these projects we are delivering the infrastructure that the Australian economy needs to grow, to get Australians home sooner and safer, and generate thousands of jobs and new opportunities for small businesses right across the State.
“Australia’s future success relies on a strong economy. Our strong economic recovery is being driven by our record funding for major road projects right across the country,” Prime Minister Scott Morrison said.
Key new projects covered by the multi-million-dollar funding include:
The new funding commitment for infrastructure projects in Tasmania is expected to support over 2,500 direct and indirect jobs, which provides Tasmanian businesses and communities with certainty and security.
Since 2013, the Australian Government has invested more than $4.5 billion across 98 road and rail infrastructure projects across Tasmania, where 52 have already been completed.
Transport infrastructure projects, funded by the Australian Government, that are currently under construction across the State are anticipated to support approximately 750 jobs.
“We are investing in projects that will drive the growth of industries that generate the wealth our nation needs to become as strong as possible as quickly as possible.
“Getting more commodities to ports and sending them overseas will generate more export income, making our nation wealthier and stronger. Better roads and infrastructure will enable that,” Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Barnaby Joyce said.
Below is the list of new projects that will receive funding through the $639 million investment for Tasmania.
New Projects
Project Name | Total Australian Government Contribution | Regional Status | Location |
Tasmanian Roads Package - Northern Roads Package - Stage 2 | $336 million | Regional | North East TAS |
Great Eastern Drive Tourism Support - additional packages | $100 million | Regional | East Coast TAS |
Tasmanian Freight Rail Revitalisation Program - Tranche 4 | $96 million | Regional | Various TAS areas |
Tasmanian Roads Package - Tasman Highway Sideling Upgrade - Stage 2 | $56 million | Regional | North East TAS |
Bell Bay Line - Reconnection to the Bell Bay Wharf | $24 million | Regional | North East TAS |
Melba Line Bulk Minerals Rail Hub | $14.4 million | Regional | North West TAS |
Hobart - Northern Transit Corridor Solution | $13.5 million | Urban | Hobart to Glenorchy, southern TAS |
Source: Minister for Infrastructure, Transport and Regional Development; Minister for Communications, Urban Infrastructure, Cities and the Arts
The Australian Government has released the Budget 2019-20 which focus on delivering infrastructure that will aid in managing the nation’s growing population as well as help meet the country’s freight challenge and to get Australians home quicker and safer.
Infrastructure Australia (IA) has released its 2021 update of the Infrastructure Priority List which showcases the Australian Government's commitment to delivering the infrastructure that the nation needs.
In mid-February, Infrastructure Australia released its annual Infrastructure Priority List which shows 121 vital infrastructure projects that will help build the nation. It includes eight high-priority and 10 priority projects as well as 29 high-priority and priority initiatives.
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