Little in new funding announcements – most new announcements are re-prioritised funding that have already been allocated in previous Budgets. It is reasonable to expect that any significant project announcements will take place during the forthcoming election campaign.
- Local government funding programs remain in place, with the most notable outcome being a $50 million annual increase for Roads to Recovery from 2019-20. Previously announced increases to programs, including Roads to Recovery and Black Spots are in this Budget.
- There is a new focus on public transport, including re-focusing previously allocated roads funding to metro projects.
- Additional, but unallocated, funding from the Asset Recycling Scheme remains.
- $594 million in additional equity funding for the Australian Rail Track Corporation to acquire sufficient land to progress the Inland Rail Project.
- $100 million of the $600 million Northern Australia Roads package will be provided in 2016-17.
- A new $100 million Beef Roads Package, supporting the cattle industry in Northern Australia has been announced, with $35 million provided in this financial year.
Commonwealth funding for Local Roads in 2016-17
- Roads to Recovery: $815.1 million
- Identified Local Road Grants: $703.4 million
- Bridge Renewal Programme: $80 million
- Black Spots: $100 million
Total local government road funding allocation for jurisdictions in 2016-17 is set out in the table below ($m).
|State||Roads to Recovery||Identified local roads grants||Bridges Renewal||Black Spots||Total|
Note: sum of the components may not add to the total due to rounding
Key announcements by jurisdiction
The Federal Government has allocated funding to the following in 2016-17:
- $1.7 billion allocated to the Sydney Metro project
- $78.3 million for Parramatta Light Rail
- $167.3 million funding for four Regional Road Freight Corridor projects
- $1.5 billion Victorian Infrastructure Package – conditional on matching State Government funds – including:
- $500 million upgrade to the Monash Freeway
- $350 million for the M80 Ring Road
- $345 million toward a Rural and Regional Roads Package
- Ongoing funding of the Bruce Highway upgrade project – $558.1 million this year
- $493.4 million for the continued funding of the Toowoomba Second Range Crossing project
- Provision of the final $100 million towards the Moreton Bay Rail Link
- $490 million in additional funding to Western Australian to maintain GST relativity will be directed towards the Forrestfield Airport Link
- Ongoing funding of the Northlink WA project of $205.6 million in 2016-17
- $207.7 million in continued funding for Perth Freight Link
- Ongoing funding of the North-South Corridor project with $320.8 million provided in 2016-17
- $20.4 million of funding in 2016-17 for the ongoing the Freight Rail Revitalisation project
- $7 million for the Brooker Highway project, to fast-track completion by mid-2017
- $300,000 for the ACT Travel Time Information, with $250,000 provided in 2016-17
- $23 million for the ongoing Northern Territory Roads package
- $40.4 million in funding related to Asset Recycling, including the following:
- Flood mitigation for Darwin and Katherine – $5.6 million
- $1.3 million for the Tanami Road upgrade, and
- Tiwi Island Road funding of $3.5 million.