The Coalition Government is committing over $70 billion from 2013-14 to 2020-21 to transport infrastructure across Australia, using a combination of grant funding, loans and equity investments, to improve long-term productivity, increase and spread Australia’s economic growth, and deliver higher incomes for Australians.
The Government is further establishing a 10-year allocation for funding road and rail investments, recognising that many transformational projects are planned and built over many years. This will deliver $75 billion in infrastructure funding and financing from 2017-18 to 2026-27.
Funding provided through the Infrastructure Investment Programme, administered by the Department, is made up of a number of individual programmes, each providing targeted funding for land transport projects, including:
- Investment Road and Rail Programme
- Black Spot Programme
- Roads to Recovery Programme
- Heavy Vehicle Safety and Productivity Programme
- Bridges Renewal Programme
The Australian Government has announced its investment programme for 2017-18. Budget 2017-18