Infrastructure investment response to COVID-19
The Australian Government is committed to delivering our $110 billion, 10-year infrastructure pipeline. This long-term commitment to build the transport infrastructure Australians need to meet the challenges of a fast growing population, while improving safety and productivity, will support jobs and the economy to help stem the economic impact of COVID-19.
The Government has worked closely with state, territory and local governments to ensure the delivery of infrastructure pipelines, and to identify additional opportunities in the short term to support local jobs and firms.
In June 2020 the Australian Government announced a $1.5 billion infrastructure stimulus package:
- $1 billion in funding for shovel ready projects that can commence within 6 months.
- $500 million for Targeted Road Safety Works delivered by states and territories that can be completed within 12 months.
This funding forms part of the 10-year infrastructure pipeline and complements the Government's commitment of $1.5 billion for local road and community infrastructure projects to be delivered by local governments.
These projects are crucial for helping to secure jobs and support the national economy to bounce back after COVID-19 by ensuring the safe transport connections needed for all of Australia to keep moving.
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