Infrastructure to boost growth and jobs

Since the start of the COVID-19 pandemic the Government has committed to invest an additional $14 billion in new and accelerated infrastructure projects over the next four years.

These projects will support a further 40,000 jobs during their construction.

This investment is part of the Government’s record 10-year transport infrastructure investment pipeline, which has been expanded to $110 billion and is already supporting 100,000 jobs on worksites across the country.

This investment pipeline includes projects in every state and territory, as well as the generation-defining Melbourne to Brisbane Inland Rail and Western Sydney International (Nancy-Bird Walton) Airport.

Fast-tracking shovel-ready projects

The Government is providing an additional $3 billion towards shovel-ready projects to support further job creation and economic recovery, building on the $2 billion announced since May 2020.

This includes $2 billion to deliver small scale road safety projects as well as an additional $1 billion of funding for the Local Roads and Community Infrastructure Program, on top of the $500 million already announced.

These programs are expected to support over 10,000 jobs over the next two years.

Funding will be provided to state and local governments on a “use it or lose it” basis, with unused funding for road safety projects to be reallocated to states and territories that have successfully deployed their previous allocations.

This will help ensure projects are delivered efficiently and the economic stimulus effects are maximised.