Fast-Tracked Infrastructure Works
Under the JobMaker Plan state and territory governments and the Federal Government –are jointly funding ‘shovel-ready’ projects to fast-track infrastructure works and support economic recovery.
On 14 June, Prime Minister Scott Morrison announced the Federal Government would commit a further $1.5 billion to expedite work on priority projects, proposing bilateral partnerships with states and territories to speed up approvals processes.
Major fast-tracked projects already announced include Inland Rail; the Marinus Link; the Olympic Dam extension; NSW emergency town water projects; and road, rail and iron ore projects in Western Australia.
Mr Morrison said priority would also be given to smaller shovel-ready projects, in part to provide opportunities for small and medium-sized contractors and suppliers.
Federal Minister for Infrastructure, Transport and Regional Development, Michael McCormack, said the funding injection would support local jobs and businesses while providing lasting infrastructure to help Queensland bounce back as COVID-19 restrictions ease.
“We have worked closely with state, territory and local governments to identify shovel-ready projects right across the country to strengthen the economy and get money flowing into jobs and businesses as soon as possible.”
The following is a breakdown of projects that have received funding around the country. This story will be updated as more investment is announced.
The Federal and Queensland Governments will jointly invest an additional $415 million to fast-track projects and deliver urgent road safety upgrades.
The Federal Government committed $324.3 million and Queensland Government $90.3 million. This brings the Federal Government’s investment in Queensland transport infrastructure to more than $26.7 billion.
This package builds on the fast-tracking of $1.4 billion for infrastructure in Queensland announced in November 2019, locking in priority upgrades designed to ease congestion, increase productivity, improve safety, and boost jobs.
Funded projects include the Burke and Gregory Developmental roads as well as smaller works right across the regional network to improve safety, accessibility and flood immunity.
The funding injection will also deliver fixes for projects like the Gateway Motorway Flyover.
“It’ll mean we can help bust congestion on this busy bridge that has more than 40,000 vehicles travelling northbound every single day,” Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge said.
The jointly-funded roads package would support a further 700 Queensland jobs at a time when they are needed most.
Queensland Premier, Annastacia Palaszczuk, said the Queensland and Federal Governments would continue working closely together to get shovels in the ground to support local jobs and the economy as soon as possible.
“Investing in lasting infrastructure projects now will also benefit Queenslanders in the years to come, strengthening our economy in the long run,” Ms Palaszczuk said.
Mr Tudge said investing in safer and more efficient road networks would not only help save lives and time, it would strengthen the national economy by ensuring communities are connected with jobs and services and businesses with markets.
Queensland Minister for Transport and Main Roads, Mark Bailey, said the State Government had started delivering a plan to Unite and Recover for Queensland jobs, so this funding would provide some much needed certainty for Queensland businesses and contractors.
“In May, we announced a $400 million state-funded roads recovery package to get people into work quickly and this additional Federal investment means even more projects and more jobs across the state coming online to assist Queensland’s economic recovery,” Mr Bailey said.