Australian states receiving federal funding for transport

Federal funds will help finance transport infrastructure upgrades in the Australian states of Victoria, Tasmania and South Australia. Road and rail projects will be carried out in all three states, with the road works intende dto cut congestion and improve journey times. Victoria State is planning a transport budget of US$5.88 billion (A$7.8 billion), with key projects including $1.32 billion for the North East Link road and widening a stretch of the Princes Highway between Traralgon and Sale for $99.5 mill
Finance & Funding / May 9, 2018
Federal funds will help finance transport infrastructure upgrades in the Australian states of Victoria, Tasmania and South Australia. Road and rail projects will be carried out in all three states, with the road works intende dto cut congestion and improve journey times. Victoria State is planning a transport budget of US$5.88 billion (A$7.8 billion), with key projects including $1.32 billion for the North East Link road and widening a stretch of the Princes Highway between Traralgon and Sale for $99.5 million.


The $896.5 million (A$920 million) budget for Tasmania will include paying for building a new bridge to the north of Hobart. The new four lane structure is expected to cost $434.2 million. The budget also includes $301.5 million to improve a number of roads in the state.

The $1.36 billion (A$1.8 billion) transport infrastructure budget for South Australia meanwhile includes $1.06 billion that will be used to improve South Road.

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