Gold Coast Light Rail – Funding Required
Building the next stage of Gold Coast’s light rail from Broadbeach to Burleigh has become a national priority.
Infrastructure Australia added light rail Stage 3a to its priority list this week, adding pressure on the Morrison Government to properly fund the project.
Transport and Main Roads Minister Mark Bailey said the only thing standing in the way of the 6.7km light rail line extension was the lack of fair funding from Canberra.
“Stage 3a has officially been endorsed as a national priority by Australia’s foremost independent infrastructure authority,” Mr Bailey said.
“Infrastructure Australia says we need to provide more transport options for the 26,000 people who will live in this part of the Gold Coast by 2041.
“Stage 3a will help us do that, and the Palaszczuk Government has committed $351 million to it.”
The City of Gold Coast will share the burden too, but the federal government has committed just $112 million.
Mr Bailey said the Palaszczuk Government had written to Prime Minister Scott Morrison urging him to boost federal support for the Gold Coast.
“Locking in funding to get this project going will mean more jobs for the Gold Coast, not just during construction, but also longer term jobs to support light rail operations,” Mr Bailey said.
“Federal Treasurer Josh Frydenberg has said next month he will announce the list of projects the Morrison Government will bring forward funding for from its national infrastructure program.”
Mr Bailey said the Palaszczuk Government was delivering $23 billion over four years for Queensland roads and infrastructure projects, a works program that will support 21,500 jobs.