Southern Cross Financial Planning

News: Federal Budget 2009: Nation Building for the Future - Infrastucture Spending

Looking through the Government spin the spending on major infrastructure projects is one of the largest in recent history.

The infrastructure projects that got the go ahead are:

Roads, rail and ports $8,453m

  • Regional Rail Express (Vic) $3,225m
  • East West Rail Tunnel —preconstruction work (Vic) $40m
  • Gold Coast light rail (Qld) $365m
  • Gawler rail line modernisation (SA) $294m
  • Noarlunga to Seaford rail extension (SA) $291m
  • Northbridge rail link (the Hub) (WA) $236m
  • West Metro — preconstruction work (NSW) $91m
  • Brisbane Inner City Rail feasibility study (Qld) $20m
  • O-Bahn track extension (SA) $61m
  • Hunter Expressway (NSW) $1,451m
  • Pacific Highway — Kempsey Bypass (NSW) $618m
  • Ipswich Motorway — additional works (Qld) $884m
  • Bruce Highway — Cooroy to Curra (Section B) duplication (Qld) $488m
  • Oakajee Port common user facilities (WA) $339m
  • Darwin Port expansion (NT) $50m

National Broadband Network Up to $43,000m

  • Initial Government investment $4,700m

Clean energy infrastructure $3,565m

  • Clean Energy Initiative $3,465m
  • National Energy Efficiency Initiative $100m

Education infrastructure $2,585m

Health and hospital infrastructure $3,172m

  • Hospital infrastructure $1,465m
  • Better cancer care $1,276m
  • Translational health research $430m

For the full budget paper click here


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